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7 July 2024 | 12 replies
However, like John Kent mentioned, if the first VA loan is assumable, and is seen as "paid-off" in the current owners name, then he would be eligible for another loan with 0 down.
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7 July 2024 | 6 replies
These are the only units that currently do not pay utilities, which amounts to about $250 per month per unit.
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9 July 2024 | 12 replies
So keep an eye out for the opening of an estate, presumably in the state where the owner currently lives.
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8 July 2024 | 15 replies
I've got the credit and not too many loans currently so I should qualify.
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5 July 2024 | 12 replies
Realize that would be based on your efforts, versus the current sellers, but you would be willing to pay above market if you plan to make a lot more by doing the value add.I prefer to pay below market, but if the zoning is hard to find, if the potential value add is great, or the finance deal is wonderful, then I would pay above market.
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5 July 2024 | 10 replies
So, if one aims to replace current income of $90k-$120K/year one may start with $2200-$2500/mo marketing campaign.
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9 July 2024 | 9 replies
You should only have to change when your current software has a flaw or lacking feature that is causing you to spend too much work on a work-around.
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7 July 2024 | 7 replies
Any upcoming markets with great potential/ any current strong markets that are not overly competitive 2. what key factors to consider outside location when choosing an STR market. 3.
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2 July 2024 | 6 replies
However, I have a few concerns:Pros:Living condition: 1400 sqft → 1700 sqft with some boutique featuresThe rental market seems good in this area.Another property is added to my existing real estate portfolio, which currently includes two other properties.Cons:Interest rate: 7% - No guarantee of decreasing the rate, which means there might be no opportunity for refinancing in the future.The current home is too new to be rented out.People often say not to buy property in Chicago due to high taxes and low appreciation.There’s no necessity of moving since I have a decent primary home.Any professional advice would be helpful.
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7 July 2024 | 4 replies
I recently closed my first conventionally funded investment property in Milwaukee, so currently I don’t have the funds to just run a conventional loan “house hack”.I have submitted pre approval requests to 4-5 VA loan-friendly lenders and each one is denied for the same reason as the last...