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17 October 2024 | 16 replies
I know that doesn't specifically answer your question, but I truly hope it helps coming from an long-time, ex-banker.
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17 October 2024 | 14 replies
For short term bridge loans with rehab, if the area is a lender preferred area (you learn these areas by doing lots of deals and noticing in what situations the lender offers their max terms), and your credit is good, and the spread is above average then 90% of the purchase price is possible, so you only come with 10%.But I can already tell what you are after I feel, are you trying to find out how cheaply you can be into a deal for?
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9 October 2024 | 3 replies
I’ve done rehab before and know how to cut costs there but have never built from the ground up.
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16 October 2024 | 3 replies
If any broker has advice on how I can obtain sponsorship in DFW while working part-time (I already work full-time), I'd appreciate it!
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16 October 2024 | 1 reply
I had one particular vendor with high standards that would exaggerate anything he found.My rule of thumb: people can live how they want to live as long as they are not 1. damaging the property2. living in filth that attracts pests3. impacting the neighbors (e.g. odors, junk detracting from the neighborhood, etc)4. creating an unsafe situation (e.g. hoarding and rescue workers can't access the home)When I visit a property, I document any issues and talk to the tenant.
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15 October 2024 | 8 replies
Interesting, we know of one group that does this in FL (ONYX).
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14 October 2024 | 1 reply
How is general property appreciation there?
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15 October 2024 | 5 replies
Chattanooga is a small enough market that you might just be able to stay in the know with "Chattanooga" as your keyword, but you might consider also layering in some nuance for "single family" or "small multifamily".
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16 October 2024 | 9 replies
Monopoly is the one I'd think of, but even sitting down with them and making your own game where they learn basic finances and budgeting (and how to do math) will put them ahead of most people.