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8 August 2024 | 4 replies
I would do a HELOC, because if you don't want to take the money out you don't have to pay the interest, on a home equity Loan, the full amount is going to be advanced when the loan funds, and you will pay finance charges on the whole amount.We do investment loans on new construction, Typically we can do 60% of the land costs, and up to 100% of the vertical construction, not to exceed 85% of the Costs.Thanks,Dustin
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6 August 2024 | 14 replies
As you will likely be sued personally at the same time the property is.
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6 August 2024 | 17 replies
Everybody was super friendly and seemed to genuinely care about you as a person.
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9 August 2024 | 5 replies
Paul the owner basically handles everything so there is definitely a personal connection.
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6 August 2024 | 8 replies
The person leasing it wants to do Airbnb.
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8 August 2024 | 4 replies
Their personal income doesn't support the purchase, but the income from the property makes the deal work. 2.
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6 August 2024 | 3 replies
I’m currently have all my money in a live in flip but see opportunities all the time.
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8 August 2024 | 5 replies
These are all things you need to do some homework on and figure out.In terms of BRR and flipping.Flipping makes you more money now.But BRR gives you the opportunity to invest, recoup your investment, have heavy depreciation tax write offs & build a portfolio which PAYS YOU IN YOUR SLEEP.You only have so much time to work, but the need for housing will consistently increase as our population is outpacing or supply of housing year after year.
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7 August 2024 | 12 replies
I personally love Columbus for value-add investments.
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8 August 2024 | 4 replies
My only issue is the owner doesnt want to share pictures of the inside of the home due to their own personal feelings about how the house " looks" wants to sell as is inlcuding leaving everything in the house.