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5 June 2019 | 14 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.
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30 May 2019 | 7 replies
Should I refinance my home to payoff $45K in “bad debt”?
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1 June 2019 | 9 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.
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30 May 2019 | 3 replies
Their debt to income ratio is 54%, factoring in monthly rent.
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31 May 2019 | 1 reply
I keep thinking this is a problem, I need to think of it as an opportunity, debt can be an asset.
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26 June 2021 | 97 replies
That will hopefully eliminate the bad prospects, without having Landlord accused of discrimination.
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31 May 2019 | 1 reply
The investor gets as much cash flow (after all expenses and debt service) as they have equity, so 50%.
2 June 2019 | 25 replies
As you learn your market you can use the 1% rule to quickly eliminate properties or dig deeper.
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31 May 2019 | 3 replies
I have virtually zero debt-to-income and have opted to continue renting and invest in rental properties instead of buying my own home.
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31 May 2019 | 11 replies
Finally, my hard money lender does not require seasonality, and they don't care about debt to income ratio.