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5 April 2024 | 1 reply
Get the analysis in writing - if it’s still wrong send them what’s called a QWR requesting a full breakdown and analysis of the escrow payment
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5 April 2024 | 5 replies
I am trying to decide if I should add my REI information to my existing LinkedIn profile that contains my full-time job.
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5 April 2024 | 7 replies
I currently do not have the amount I need for the full downpayment, plus I do not want to leave my current business at 0 in its savings.
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5 April 2024 | 9 replies
And you provide services for the S-corp.The S-corp then should pay you a reasonable salary, and your (disregarded) LLC should not be part of the payroll arrangement.
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7 April 2024 | 29 replies
Hey Sushree, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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6 April 2024 | 19 replies
Basically you can get a loan that's underwritten based on a property's NET Cashflow (after debt service and all other expenses per a T-12 P&L, or in other words, REAL world cash flow), and based on that, obtain an unsecured loan against it.
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5 April 2024 | 14 replies
I’d recommend going with a local lender that you have a good relationship with as opposed to a large national company as they are likely to have better immediate customer service and are more likely to respond in a timely manner, which is important for your first loan.
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5 April 2024 | 3 replies
Foreclosure lists I think can be determined at some sites like propstream (I've never used it so I could be wrong).3: networking with lawyers that do probate situation and/or divorce situations and want a quick close4: Owner occupant of a property on Hud Homestore - basically trying to help first time homebuyers buy - less competition5: tax auction and tax auction sites6: Offering on properties that have been sitting on the MLS for LONG periods of time and low balling them.7: Calling owners that have recently had their property pulled from the MLS.8: Wholesalers that are selling to you with an assignment fee.9: Low balling every property you look at on the MLS and seeing what sticks.10: FSBO with strong negotiation skills.11: MLS when you see the property really quick once it comes on MLS and put in a full price offer but it was mispriced low (I got a gem a few years ago that has probably close to doubled in values since 2020 when I bought it).12: MLS offers that you really want to ownI might be missing some others but these are the general classes of people that I have noticed.
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5 April 2024 | 2 replies
Specifically, I have come across a single-family home featuring three bedrooms and one full bath, which is shared among all three bedrooms.
5 April 2024 | 9 replies
If they would flounder at your exit, you should command higher value for your service.