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6 February 2020 | 16 replies
I believe this is what you want, however, I don’t think it will be your best option.Option 3: If everybody moves out and turn over keys by Sunday February 9th, then I will not come after any rent due and we can call it even.Option 4: You refuse to pay rent, forcing me to start eviction process as well as go to court for lost rent, late fees, and any damages discovered to the property.As long as they don't trash the unit, I don't really care too much as I plan on replacing all flooring and painting throughout interior anyway.
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8 February 2020 | 26 replies
This is a gross profit margin so as long as you estimate costs and ARV correctly you will make a 30% profit on the deal.
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17 June 2021 | 22 replies
Here are the Caveats though, you can only refinance to get the amount of your acquisition cost back out + roll in refinance closing costs up to 75% LTV on a non-owner occupied property and or up to 80% on an owner occupied property.If you want cash out beyond the acquisition costs, based on a higher appraised value, you must be on title for 6 months and you can do 75% LTV on a rental, and 80% on an owner occupied for conventional loans.You can do cash out on some portfolio loans immediately after purchase to as long as 6 months after purchase.
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6 February 2020 | 15 replies
I believe the way this is going to shake out in my MLS is that a coming soon status in the MLS and other marketing will be fine as long as the property isn’t being shown yet.
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9 April 2020 | 12 replies
So, if you don't mind moving each year, you can keep using that program as long as you keep qualifying for more properties.
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5 February 2020 | 2 replies
I've done partnerships in probably 50 different ways; as long as both sides are happy, that's all that matters.
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6 February 2020 | 3 replies
This a small West Texas community (Everybody know everyone) and there's simply not a hundreds vacant properties.We don't send out many mailers anymore in our market but when we did, handwritten letters did get the best response.More generic mailers are fine as long as you have some sort of 'call to action' i.e. asking them to check your website, landing page, etc.
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6 February 2020 | 13 replies
You're on the right track as long as your lease has been vetted with a real estate lawyer which actively practices in tenant/landlord litigation, again actively practices - very important - just ensure that is balanced, if it's too landlord friendly that's not good either but your attorney will be able to find that balance.
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7 February 2020 | 10 replies
I am renting it out as long as I can.
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5 February 2020 | 2 replies
It means that the owner holds the property in a corporation, as long as you have come to an agreement it is really no different for you.