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4 August 2018 | 2 replies
60 years is pretty much standard around here... but since your property now has a known problem (trust me, title insurers do not operate in a vacuum), the time period is irrelevant.Switching title companies wouldn't fix the problem, it would actually hurt you.
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30 August 2018 | 7 replies
You wouldn't need 25% on a fix and flip with a hard money lender it would be more like 10% to 15% of total costs Most HML will provide up to 90% LTC on deals not to exceed 75% of the ARV
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2 August 2018 | 1 reply
I have a family friend who is willing to provide me with a hard money loan to finance my next fix and flip property.
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20 August 2018 | 14 replies
While there, watching the sunset over the ocean, brainstorm why you want to do real estate and which of the following below you want to do & where.Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.
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2 August 2018 | 4 replies
I've been house hacking since then and been trying to little by little fix things up and build up more equity in the property.
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3 August 2018 | 5 replies
So a full breakdown of the work that was done:New Roof and GuttersNew upgraded 100amp ElectricalNew Garage doorsNew PlumbingNew AC systemNew Kitchen - cabinets, SS appliances, granite counter, backsplashOpened Entry way to kitchenAccent Wall in living roomNew BathroomNew Front PorchInterior Paint (Exterior not needed)Recessed LightingLandscaping - fixed yard, removed tree and overgrown bushes, fixed fencingThe Numbers:Purchase price = 70kRehab costs = 32kSale price = 165kClosing costs = 13kNet Profit = 50kAnd now everybody's favorite part, pictures!!
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5 August 2018 | 2 replies
We all share a similar level of experience as landlords however I have fix & flipped three times as many homes as they have - so I have better sense of confidence with repairs/contract pricing/construction/renovation budgeting/etc.
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12 December 2018 | 15 replies
Along with minor cosmetic fixes, we rehabbed the kitchen, a bath and all the floors, then sold the house 5 years later for a 40% profit, which we rolled into our next primary residence.Deal #4 (2016-present): Invested in MFH Syndication in San Antonio: I wanted to invest but was busy with 2 kids under 2 years old.
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4 August 2018 | 14 replies
Please let me know your recommendations how I might be able to partially fix it. thanks
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15 August 2018 | 6 replies
I have several houses that have infinity cash on cash returns, meaning that on my original cash, I paid cash to buy the house, fixed it up, did a cash-out refinance on the property and got all of my money back, and make cash flow.