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11 February 2025 | 8 replies
I lived in Cleveland for multiple months and have some great connections to help you get started investing in Cleveland.
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21 February 2025 | 15 replies
For example, my client just closed a 3/2 single family house for $160k that was already rented at $1900/month and near turnkey and in a super desirable residential area.
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11 February 2025 | 10 replies
@Paige Gardner HM is a great way to get started however understand that it is SHORT TERM FINANCING 6-18 months.
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12 February 2025 | 7 replies
If you need a new job once you move, you will need an offer letter prior to closing on your new home (and you will need 6 months reserves in order to be able to use the offer letter as income).
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3 February 2025 | 47 replies
You don't want to get a call 3 months into a project where you have lent money and hear the operator say that they ran out of money and need more money from you to finish the project or you will lose your investment.
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12 February 2025 | 4 replies
Ultimately, you will need to have the borrowed funds in USD and ideally in your US business entity bank account to sail through underwriting with US lenders on US properties.Caveat: the rates will likely be something like 10-12% so it would not make sense on a long-term holding, more like on a down payment on a purchase and rehab value-add project that you will eventually sell (or cash-out refinance) to pay off the borrowed funds in a few months.
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24 February 2025 | 36 replies
This also helps with asset protection, monthly bookkeeping and annual tax return preparation.
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29 January 2025 | 0 replies
Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.
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20 February 2025 | 8 replies
why not just list it with a realtor for a short listing agreement, like three months.
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22 January 2025 | 21 replies
The loan has a payback period of 5 years in equal installments.