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21 March 2020 | 3 replies
I'm new to this real estate thing and I'm currently looking to acquire my first property in the near future, assuming life resumes back to normal at some point this year, and one of the most frightening aspect of real estate investing, at least to me, is construction!
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29 March 2020 | 19 replies
On some of these, you have to pay a penalty to cash out.I used the HELOC to acquire properties at foreclosure auctions in 1992 - 1993.
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21 March 2020 | 17 replies
Hell right now you lose money to invest in bonds, people investing in money losing bonds are doing it because their outlook is very bleak for the future of the currency and thus the gauranteed bond loss is still less than holding the currency and inflationary pressure over time.Bad dollar value, means no bonds purchases which is how we in theory acquire money to loan.
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22 April 2020 | 16 replies
As I have already began taking consistent daily action, I am confident that through implementing these steps I will soon have the knowledge, support channel and resources to acquire my first deal, becoming closer to achieving both my short and long term goals.
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21 March 2020 | 4 replies
At this point, maybe five years down the road, I move these mobile homes to a Mobile Home Park I have since acquired and either build a single-family home on the lot and rent/sell or sell the lot with no structure standing on it.
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19 March 2020 | 3 replies
We are implementing code box and/or virtual showings on some vacant units.Our maintenance team is not entering units unless there is an emergency or safety issue, or an issue that could worsen if not remedied.
15 March 2020 | 3 replies
Keep $_____ from deposit to remediate. 6.33The Tenant covenants and agrees to refrain from smoking AND vaping anywhere on the property.
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16 March 2020 | 7 replies
Side note: the family member that I am purchasing the property has been rented by my business (short term sober house rentals) for the past 3 yearsI plan on continuing this business after acquiring the property.
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16 March 2020 | 1 reply
If this company/group has found these real estate investments - what has prevented you from acquiring them or moving forward with purchasing them?
18 March 2020 | 21 replies
Hard money is used because it is usually a much faster process & also can be used with properties that in the current condition won't qualify for traditional loans.65%-75% of ARV is the typical range but it varies lender to lender.Flippers will use hard money to acquire the property & fix it up to resell.Holders will use hard money to acquire quickly then switch to bank financing to keep it for a rental.There are so many different hard money lenders and guidelines.