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16 September 2021 | 10 replies
It’s like notice of the final 30 day period.
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15 September 2021 | 1 reply
3 bedroom / 2 bathroom / 1,241 sqft (flip)Purchase Price: 265kRehab Cash Invested: 74k/104kSold Price: 459kNet Profit: 64kROI: 16%Hold Period: 3 month
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15 September 2021 | 0 replies
As some background I got a 5 day inspection period and I lost 2 days because the seller was difficult to work with.
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15 September 2021 | 9 replies
Most disclosure is usually aimed at small time periods like 1 to 3 years or the immediate buyer after the incident.
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27 September 2021 | 5 replies
Anyway, if they get rid of all the cats within 3 days, you might be stuck and have to go through a "no cause" which will require a lot longer notice period, but if they don't get rid of the cats in 3 days, then you should have grounds to evict at that point.Unless you have a good property management company already, I would suggest speaking with a local lawyer that specializes in evictions.
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16 September 2021 | 3 replies
- how long is the draw period?
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16 September 2021 | 3 replies
New loan - ~70-80% of the ARV (126k in your example - paying yourself back the 100k, plus 26k extra)Closing costs (generally rolled into new loan) - lets say 4k for example (you should shop around to see best option)Total loan amount that you are paying back monthly - 130k (plus insurance, property tax)Dont forget about the seasoning period though!
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16 September 2021 | 0 replies
We have a 3 month renovation period we are working in.
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16 September 2021 | 1 reply
Also for various reasons our properties would not qualify du to requirements of being rented for a period of time or owned in a particular company and the requirement that the replacement property and the original property have to be identical owners.
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22 September 2021 | 10 replies
The number above on the rehab might be reasonable but maybe not so if you are close on numbers then don't forget you are protected in your "option period" with a standard Texas REC contract.