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4 December 2024 | 9 replies
As a landlord, it may be difficult to make decisions like this especially when a family is involved.
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2 December 2024 | 5 replies
(Brass, brushed nickel, etc).Love to hear how others are making these decisions.
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2 December 2024 | 10 replies
I looked in thrift stores and on FB Marketplace for my house, but found poor selection, and none of it fit in with the decor I was going for.
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6 December 2024 | 21 replies
@Sebastian BennettSpecial Method Training Programs focus on a specific strategy, providing structure but not covering all questions or decisions as you grow your investments.
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22 November 2024 | 10 replies
This is an important consideration in most LL decisions, LTR or STR.
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4 December 2024 | 8 replies
I noticed these deals move so fast its hard to do these calcs quickly to make a decision.
2 December 2024 | 10 replies
Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.
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2 December 2024 | 8 replies
I've been wanting to get into real estate since when I read Rich Dad, Poor Dad by Robert Kiyosaki in 2004.
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5 December 2024 | 554 replies
But at least make that an educated decision.
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10 December 2024 | 25 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.