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11 March 2024 | 9 replies
They will often ask for the following: Itemized construction budget Corporate Docs (if an LLC) Evidence of cash available
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13 March 2024 | 11 replies
However, more than 4 units will be appraised on income approach and these can be very profitable.Good luck
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13 March 2024 | 2 replies
Secondly, DSCR loans offer favorable terms and lower risks, as they assess the property's ability to generate sufficient income to cover debt obligations.
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13 March 2024 | 2 replies
. - No state income tax. 3.
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13 March 2024 | 13 replies
Real estate investing is normally done by the "white collar" professional because they have the incomes.
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13 March 2024 | 8 replies
If the rent are being kept for our agreement, I'll increase my net income by 173%.
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13 March 2024 | 55 replies
That email should start with a breakdown of the estimated purchase price, rehab costs, estimated income, and return on investment assuming prevailing interest rates.
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13 March 2024 | 12 replies
A single-member LLC provides protection while allowing you to report business income on your personal taxes.
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13 March 2024 | 26 replies
Please check out the book I co-authored called Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending published by BiggerPockets.com/lendtolive.
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13 March 2024 | 2 replies
Through conventional loan with a local lender at 5% downpayment, financed with LLC income.