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9 January 2025 | 0 replies
Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.
8 January 2025 | 3 replies
These properties appeal to students and low-income renters, especially if traditional housing is limited.
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12 January 2025 | 7 replies
A personal liability policy "MAY" extend to one or two rentals but if you are planning on building a portfolio consider the commercial umbrella.Another thing to consider is that the courts frown on carry high personal liability but low business liability when trying to hide behind the vail.
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6 January 2025 | 5 replies
I know this seems low, but the way I see it, this is how much the buyer would potentially walk away with if they posted it on the market and minus all the fees and concessions so I am getting them to that number with none of the hassle and removing the issue of a looming foreclosure.
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7 January 2025 | 22 replies
Down payment of $13K including reserves sounds pretty low to me . ( Based on Maryland )
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12 January 2025 | 12 replies
Depending on your credit score in the US and credit trade line history, you could put as low as 25% down.
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6 January 2025 | 0 replies
Low and behold they just shut down my membership.
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12 January 2025 | 185 replies
(long as loan is paid) By the way, I had this house 2 years at the time and the loan was low interest for that time.
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6 January 2025 | 5 replies
Her credit is that low because she is financially irresponsible.