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14 October 2021 | 3 replies
I love learning and that is probably my attraction to real estate, it will take a life time to learn.
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30 September 2021 | 6 replies
@Justin Megna you can use alternative financing where the property secures the loan.
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29 September 2021 | 2 replies
I thought the less desirable but a possible alternative would be to convert it to a jumbo loan, but that option also wouldn't work since the minimum refi loan amount for a 3-4 unit is $1.5 mil (information from mortgage lender but haven't verified).The only option I can think is to refi to a conventional up to the county limit and find a second lender to cover the rest.
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30 September 2021 | 3 replies
I'm missing out on over $1k per month by not turning the units over, and the property is not an attractive investment to me as the cashflow currently stands.
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29 September 2021 | 0 replies
Wanted to see the success and alternatives .
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5 October 2021 | 6 replies
Just realize that GC's must work today to earn today's income which isn't the passive lifestyle that attracts people to real estate investing.
25 October 2021 | 4 replies
We have unbanked and crypto tenants so needed alternative ways for them to pay us from phone apps.
30 September 2021 | 4 replies
Also, I don't know about your market but with how fast homes are selling here a FHA offer is not very attractive to sellers because the property condition requirements are so stringent and they don't want to deal with headaches when they have 10 other offers.Feel free to reach out with any questions, I know if I had someone with experience to talk to when I first started I'd be much further along than I am now.
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29 September 2021 | 2 replies
Are you able to cancel at any time etc.In the alternative financing space you never really want to be the first one to try using a new company in general.
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30 September 2021 | 2 replies
The home sale contingency is strongest when your buyer's home is already under contract and you make all other terms attractive.