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27 September 2019 | 17 replies
You will effectively eliminate mistakes off of your real estate journey by either working or talking to successful out of investors AND build relationships with others who can help you grow in the future.
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8 May 2018 | 4 replies
I am not too concerned with a major market correction.Personally I feel keeping enough to protect ones self from going underwater during a market correction makes sense, but I also see how having too much dead equity can be costly if you are looking to build your portfolio.
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9 May 2018 | 0 replies
I own my first multifamily already. I fell on hard times the first year and have built up a good ampunt of debt. Because of that mt credit score has dropped below 600. Is there a chace for me to get a good rate on a ...
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10 May 2018 | 1 reply
Hi, I am looking to convert my television studio in Hell's Kitchen into a Self Storage Facility.
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12 May 2018 | 4 replies
It’s required for low down payment conventional mortgages.As for additional FHA stipulations, I’d read up on the FHA Self Sufficiency rule.
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12 May 2018 | 4 replies
Considering setting up a (TX) Series LLC under my self-directed 401k trust.
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14 May 2018 | 8 replies
Also, if you do end up going FHA on another multiplex, one thing to keep in mind is the FHA Self Sufficiency Rule.
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11 May 2018 | 4 replies
Hey TaylorThere are lots of bank statement programs out there that use deposits for income if you're self employed.
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13 May 2018 | 20 replies
Conventional you can do as low as 5% down but thats only for 1 unit property 2-4 unit properties will require any where from 15-25% down payment.FHA will allow you to purchase with 3.5% on 1-4 units however FHA has its own hurdles when you get to 3-4 units (these dont apply to 1-2 units) there is a rule called the SS or self sufficiency rule which requires 75% of gross rental income of all units to be > the monthly PITI in order to qualify.
9 May 2018 | 2 replies
You don’t need a license to self-manage properties anywhere, as far as I know.