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29 September 2020 | 2 replies
(Forbes)Lower business & lifestyle costs than others.Amazingly affordable real estate for investment.Single-family, duplexes, fourplexes.3-year appreciation forecast of 9.1%.Around 45% of the residents are renters.The growing fuels the rental demand.San Antonio is also known for its low cost of living.Closed sales increased by 14 percent year-over-year.Compared to June 2019, San Antonio's average price of a home increased by 3%.Year-to-date, the average price has shown an increase of 5% to $278,395.In a year-to-date, year-over-year comparison, Bexar County faired well compared to Travis (-10.7%) Harris (-4.9%) and Dallas County (-6.8%.)Each of these counties indicates a decrease while Bexar county shows a promising a 3.4% increase.As predicted, June has shown to be a strong buying season.
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29 September 2020 | 1 reply
I'm not certain for a land contract specifically, but I normally use the regular assignment contract for residential.Will
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29 September 2020 | 2 replies
@Clint Shelley Was the hope that since the property appraised at $158k and you're only buying it at $120k that, even though it sounds like this lender normally requires 25% down, they wouldn't in this case?
30 September 2020 | 1 reply
It acts like a normal mortgage.2.
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7 October 2021 | 4 replies
Are you like me and needed an option with the flexibility to start part time outside of normal work hours?
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30 September 2020 | 4 replies
If the buyer wants to keep them all together, then they will need to find a portfolio lender that will package them into 1 loan, very normal with commercial loans.
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4 October 2020 | 1 reply
I've found it very difficult to do in normal circumstances and I can only imagine that it will be very hard given that the pandemic has fewer people in the office.
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24 April 2021 | 19 replies
For instance in certain cities in and around Cleveland OH there is what is called POS .. and when properties change hands the municipality does an inspection and requires a large sometimes very large deposit from the buyer with a laundry list of things that must be addressed ( although most of it U would normally do in a rehab.) but you have to put the money up AND you have to complete the work to get your deposit back.. so in essence you need enough cash to rehab twice.. :( So implementing this in many markets will not be difficult.
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29 September 2020 | 3 replies
(The fact that symphony musicians cannot afford the lifestyle where tuxedoes are worn was not considered.)
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2 October 2020 | 10 replies
It is a little more than normal for the area because it is at a lake, so requires pumping as they dig.