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10 March 2017 | 6 replies
Now if you are strictly doing flips then it may be more effective to only knock on doors that are one of the following:Sheriff sale propertiesPre foreclosure 90 day late 2+ year late taxes Code violations Owner occupied evictions (usually multifamily) Expired listings FSBO This is more time consuming and requires route planning but for flips this is the list of people who have a higher chance of having distress & would give up equity to solve that problem & close quickly.
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9 March 2017 | 8 replies
Also, most down payment assistance programs are compatible with the NACA program, but the funds are used to buy down the interest rate since NACA is a no-down payment program, and the interest rate buy down is a more effective use of the funds anyway.I do have to express a note of caution about Marcus Cannady's comment, "This program is definitely NOT for an investor, however....surely there are ways to hack this".
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12 March 2017 | 3 replies
I have a few ideas but I'd rather start with something effective right from the get-go!
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14 March 2017 | 3 replies
That may be a more cost effective and elegant solution.
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9 March 2017 | 9 replies
Mostly because we were effectively lending borrowed money, and in come cases wrap around financing.
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10 March 2017 | 10 replies
Something to the effect of "looking for reputable wholesalers in X market" Trust me they will flock to you.
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13 March 2017 | 11 replies
It might not be worth it considering these new rules above (effective Feb 1 2017).
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9 March 2017 | 4 replies
Thanks Steve Vaughan I'm going to have to check up on that cause she does not want it to effect her taxes .
11 March 2017 | 1 reply
FB ads I have found to be the most effective.
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10 March 2017 | 9 replies
This would allow me to:charge more for rent thanks to the added amenityreally differentiate the apartments from others in the area, since no other apartments around have this featurecompete more effectively against SFH rentals in the area (this suburb has a lot of them) since most SFH have in-home laundryObviously the downsides are potential for abuse of the machines (requiring added maintenance calls and potentially replacement costs), lost income from pay-machines in the basement, lost closet space and initial investment to install plumbing/venting and purchase appliances.Interested to hear arguments for either side of this.