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22 January 2020 | 3 replies
Like every business you can leverage and ask your associates to host your open house for you.
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10 February 2020 | 35 replies
@Steven Cobb I’m sure there’s extra cost associated with cash out refi, is this worth putting all my cash into one property to avoid PMI of $110/mo for 2-3 years?
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10 March 2020 | 6 replies
This is someone who may work a full time job or not, has almost no fees associated with hanging your license, offers a really good split 60-75%, but no CAP.
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30 January 2020 | 3 replies
The borrower and the security (the asset and docs associated with it).As a lender, you want to ensure the borrower has a performance history, can show skin in the game (some of their own capital placed into the investment), and has experience in performing on the particular investment.For the asset, you need to make sure your a LTV (loan to value) does not exceed a set amount you choose to give you “cushion” in the event the deal goes sideways and you need to take the property back.Your loan docs are also important and should include all the things you need to protect your investment such as a deed of trust (or mortgage in mortgage states), promissory note, balloon rider if the loan is not a fully amortized loan, personal guarantee rider (which is only worth something if the borrower has personal assets to go after), etc.For the asset itself, you need to know the strategy (buy and hold or fix and flip) verify the condition and amount of repairs, know the current market value and future market value after repairs, and have a plan in the event you need to take the asset to recoup your investment.
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22 January 2020 | 1 reply
HH is super simple and most lenders will qualify your job income pretty quick as long as it's in the industry your degree is for.
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25 January 2020 | 7 replies
That can make it next to impossible for those who have been incarcerated to find a place to live, especially in the Bay Area’s cutthroat housing market.Even so, Wayne Rowland, president of the East Bay Rental Housing Association, worried the new ordinance would put tenants at risk.
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22 January 2020 | 0 replies
Sold it off Facebook posts (we caught some steam with some of the design stuff we did and attracted buyers early ) for $269k after some closing assistance , paying my realtor $3500 and all other costs associated we will net $62,000 !
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26 January 2020 | 2 replies
I'm a freshman working towards my cybersecurity degree and will be getting a full-time paid internship this summer that will last till I graduate in 2023.
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29 January 2020 | 15 replies
Check out the Georgia Real Estate Investors Association for local education and networking.
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22 January 2020 | 3 replies
You can join your local LL association-google-and get a lease and related documents from them.