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22 December 2024 | 105 replies
Here's basic rules :If cap rate is less than 5 year yield, never invest to any commercial real estate.
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5 December 2024 | 6 replies
(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months.
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2 December 2024 | 5 replies
Nothing in our "era" has changed these basic rules:1.
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3 December 2024 | 2 replies
Lastly, do some initial research on local STR rules and costs to prepare for discussions with your team.Building a solid team, including an agent and co-host, will set you up for success.
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2 December 2024 | 2 replies
I am not sure of the rules on that.
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5 December 2024 | 12 replies
Not just location, but different states can have different (sometimes weird) rules like here in Texas where you need a manual third party "attorney review' on every loan doc set - adds about $100 to each doc cost that doesn't apply in most states
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3 December 2024 | 12 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
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2 December 2024 | 7 replies
Lots of houses have flood designation amendments if they are up against little creeks, so they wouldn't disclose any issues because they had their boundary inspected and ruled OK.
2 December 2024 | 6 replies
At today’s rates, most properties at high LTV are negative even with 1% rent to value ratio This implies the 1% rule is far from assuring positive cash flow Good luck
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30 November 2024 | 1 reply
I’m trying to utilize 1% rule and it’s tough with current market