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7 August 2024 | 0 replies
Currently house-hacking - Renting out spare bedrooms.
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5 August 2024 | 6 replies
If they are able to sell to a home owner, its usually the home owner who can barely qualify for an FHA mortgage, turns over extensive repair addendums because they recognize they don't have the means to handle home repairs on their own and must have the home 100% move in ready.
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7 August 2024 | 23 replies
Russell I had my first contract come in on one of my new builds and the commission was simply one of the line items in the addendum.. it became a negotiating point and thats what I did as the owner/seller I did my counter and part of it was a commission adjustment to the amount the agent put in the offer..
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5 August 2024 | 2 replies
Most families aspire to live in houses, which can impact long-term tenant stability in MFH properties.Creative financing is valuable for either property type.
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7 August 2024 | 2 replies
Just bought our first house hack and inherited some month to month tenants.
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7 August 2024 | 6 replies
Got $100k business line of credit with 710 credit score to buy some more properties.Do you think it is better idea to buy a rental house (worth $70k) with the credit card paying all?
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5 August 2024 | 8 replies
We use MLS PRD to look up actual owners of properties on application to confirm they aren't giving a family/friend as their landlord (fraud!).
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8 August 2024 | 4 replies
Market rents are $650 for a 1/1 and $1,200 for 3/2 in the area for this size house.
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4 August 2024 | 1 reply
Is this a unique form of house hacking, where the rental income from our owned properties covers the rent of our new rental home?