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5 February 2024 | 19 replies
If you are investing in real estate, having a lender that is an actual investor and has worked with thousands of investors is going to a big benefit.
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4 February 2024 | 4 replies
Getting credit back on track slowly.
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5 February 2024 | 7 replies
@Michael Plaks do have a forum link to explain this wonderful benefit of losing money in REI ?
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6 February 2024 | 3 replies
Also check out ShowMojo and ShowingHero.The biggest benefit of using showing scheduling software is the significant drop in phone calls for showings.
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6 February 2024 | 0 replies
An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they can require an interest rate cap at a rate threshold that helps ensure the borrower can service interest payments comfortably, limiting the risk of non-payment in a rising interest rate environment.Floating interest rate debt has 2 components:✔️ Benchmark Index✔️ SpreadBenchmark Index + Spread = Total Interest RateThe interest rate cap will set a maximum threshold for the index used.Let me know what questions you have about interest rate caps below!
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6 February 2024 | 3 replies
I think he was a credit union or something in Colorado who specialized in tiny homes.
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6 February 2024 | 6 replies
Not sure if this is possible if you’re in Chicago proper but I’ve had a lot of luck with my small town bank so I’d say maybe try to find a smaller bank or a credit union to build a relationship with and open an account with that you can begin building a relationship with.
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6 February 2024 | 6 replies
Instead, I can share properties that have proven to be lucrative in the short-term rental market, including those benefiting from the new Mayan train and Tulum International Airport developments.If you're interested, I'll send you details on available all inclusive condo-hotel properties in Quintana Roo, along with price lists and availability.
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6 February 2024 | 4 replies
My understanding on this is that if you build it unpermitted, the benefit at that time is that your property value likely won't increase because the square footage is not assessed to increase the value of your home and therefore the property taxes.
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6 February 2024 | 17 replies
If anyone wants to use interest free credit cards to purchase a fix and flip, Brandon Kroon from Fund and Grow is amazing.