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22 September 2020 | 5 replies
Sure, you can get all of your equity out, but now you have another problem where you lack the ability to cashflow in a down market (having $10/month cashflow on a home that you have $0 money in is still infinite returns... but what happens when you have to drop rents $25/month to be competitive?).
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3 October 2020 | 13 replies
Is there a way to review multi-family units in areas that might be better for me to be living in? I
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15 October 2020 | 106 replies
I sold mine by calling every wholesaler/investor in the area lol Since this incident, i am less trusting of most people (professionally)- I prefer to do my own extensive amount of research before diving in. I
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15 September 2020 | 11 replies
Our standard contract in Colorado has the appraisal contingency clause built in. I
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14 September 2020 | 1 reply
Other than good locks, I hoped to not get too involved with security measures/ my tenants' privacy but after the most recent break-in, I want to do something.
15 September 2020 | 5 replies
As I said above, I have been approached by a couple to buy their property in the same neighborhood that I live in. I
15 September 2020 | 1 reply
The predicament i'm in is that although she's commented on how she's found a bunch of job openings recently, but the job listings are not as good as their previous job so they'd rather wait for their current restaurant to reopen (likely not until next summer now since it's an outdoor brewery) than take a temporary job.
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15 September 2020 | 2 replies
It was frustrating and not worth the time that I put in. I
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17 September 2020 | 2 replies
The lender I worked with only offered 3/3.5% if it was a single family or duplex. 3-4 units was still conventional but 20% down, and of course 5 unites or more is commercial.As for moving in, I had that as part of my offer that one of the units needed to be vacant so I could move it.
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17 September 2020 | 4 replies
In the markets I'm in, I run into knob and tube wiring, galvanized plumbing, asbestos flooring, and lead paint.