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5 February 2024 | 6 replies
C class rentals become more in demand and are able to raise rent during recessions.
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5 February 2024 | 12 replies
And it's generating high quality motivated seller leads through Google.
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6 February 2024 | 1 reply
Only way to do that, is start sending out mailers to potential sellers.
7 February 2024 | 8 replies
Fannie/Freddie have lower caps on DTI.Fannie/Freddie will have Lower PMI versus FHA MIP if your Fico is above 720.FHA 3.5% may have a tougher time getting offer accepted by seller versus Fannie 5% down.
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5 February 2024 | 15 replies
If you doing creative financing (seller-finance/sub-to) you can close in your personal name, and some loans could require that it be closed in personal name (conventional).
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6 February 2024 | 9 replies
I think the pressure I was referring to often came from me wanting to do right by my seller and get the property sold.
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5 February 2024 | 2 replies
With rental property investors, we also share:- Proof of rent paid *some sellers are reluctant to share this until there is an offer presented.- Current tenant's history/profile - Public record information pertaining to complaints, open permits, liens, etc. against the property- Current Zoning of the property and surrounding similar-sized lots- Sales comps- Market stats i.e. average days on market for sales and rentals, vacancy rate- Rental comps including price per square foot (ppsf) reports for recent rentals ..
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6 February 2024 | 23 replies
I have done, $50, $75, etc, and in 2023 and renewals I have increased by $25-35 due to a slower demand and rental prices.I still like to increase tenants rents because I don't want to do any major increases after not doing some in a few years.
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6 February 2024 | 0 replies
Knocked on seller's door and grew relationship with him How did you finance this deal?
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6 February 2024 | 7 replies
The issue is that I bought a home from a distressed seller whose son refuses to vacate property.