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9 October 2024 | 7 replies
We have meetups once a month in Northern NJ on the first WED of each month (second WED for July).
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11 October 2024 | 17 replies
Once the deal details are reviewed, it helps our lenders assess the type of property and strategy we use and how successful we are in it.If you wanted to deep dive on your own, you can always check with county records on fillings, operators' good standing records from state where incorporated etc as well.
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13 October 2024 | 6 replies
A good friend of mine in Tampa got his claim rejected for “pre-existing” damage, but because he had photos and videos taken just before the storm, he was able to prove otherwise and get his claim approved.File Your claim Immediately:In Florida, you have only 7 days to report a claim after discovering damage, so move fast and keep a detailed log of every interaction-every phone call, email etc.
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11 October 2024 | 8 replies
Next step is getting a pre approval letter.
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14 October 2024 | 10 replies
As you approach your next purchase, start talking to lenders about pre-approval, build investment criteria, and continue educating yourself on market trends.Good luck!
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13 October 2024 | 9 replies
Typically an investor will not get into that type of deal unless they get significant upside as there is a chance the entitlement does not work and all that $ ends up going to $0. the projects I am funding for pre development costs in VA are running 600k to 1mil .. out west here usually 100k to 200k can get you to pre lim plat..
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15 October 2024 | 21 replies
Pre-Covid, buying down the rate made sense.
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15 October 2024 | 12 replies
One of the benefits here is that you can save a bit on closing costs but the PPP (pre-payment penalty) structure may be more aggressive, ultimately inhibiting your ability to sell off if needed - since the loan would need to sustain a minimum debt service.
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14 October 2024 | 6 replies
Talking to lenders for pre-approval letters.
10 October 2024 | 0 replies
This formula incorporates additional factors and expenses, many designed to consider parents’ financial needs.The Percentage of Income ModelLast but not least, six states (Alaska, Mississippi, Nevada, North Dakota, Texas, and Wisconsin) use the percentage of income model.