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14 May 2024 | 164 replies
It's made for families.
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14 May 2024 | 12 replies
My plan is to D4D or pull list from county and begin marketing on a small scale but with a buyers mindset (whatever doesn't meet my criteria, ill whole sale) I am a little lost or should I say would like to get investor opinions on my plan and gain some insights from you all.I don't know much about financing or rehab I have never done it and it feels intimidating while supporting a family
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15 May 2024 | 11 replies
Rents for single family home, 3 bed 1.5 bath in this area run around 1,00-1,400/month.
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14 May 2024 | 12 replies
Additionally Section 8 owns a ton of apartment complexes so there is aggressive competition when compared to the single family vouchers that are very commonly available to us small-time housing providers.Love to talk Toledo, again thank you for the interest!
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14 May 2024 | 2 replies
We put $125/month into an escrow account for each single family rental we have.
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14 May 2024 | 6 replies
I have already spent fifteen thousand dollars for a program that didn’t show me how to get financing for my deals and I am broke seriously broke like don’t know where I’m going to get money to feed my family broke and I am HUNGRY in more ways than one this means the world to me I have to make this work so please if anyone can help me find private money lenders that will take a chance on me let me know I know I will make us a lot of money because I have.
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10 May 2024 | 30 replies
Hi All,I am interested in multi family (2-4 units), If you have 200k to invest, what market and why would you invest?
12 May 2024 | 2 replies
Several things to contribute here: 1) Private Lenders with no credit experience emerge doing down payment and 100%/High LTV financing at the end of every cycle, 2) they're among the first to loose their shirts in every downturn, 3) although someone termed this type of lending "gator", it's not new, 4) the guy that coined it didn't get into real estate untill well after the last crash, 5) he has no real credit background or experience (he's never been a lender), 6) Google the guy's name and "looses professional license in AZ" to see what pops up, and finally 7) he's really effective at telling people what they want to hear, filling their heads full of hopes and dreams, getting them to buy his training, and his minios generally won't want to hear what a real, seasoned lending vet will try to tell them.
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12 May 2024 | 2 replies
To summarize, if you are approached by a syndicator raising money for a multi-family building that meets this multiple offer fact pattern (as is usually the case) who is awarded the contact, they more than likely assumed the most ambitious rent growth, most understated cap ex costs or operating expenses or lastly the cost of equity (your return) is projected to be less than the LP’s the other bidders relied upon.
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14 May 2024 | 5 replies
I have a different mentality about pets and consider them family not extras.