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21 January 2016 | 1 reply
Taxes: Any marginally competent lender can teach you how to pull prop tax bill and calculate what your tax bill would be at any given purchase price in like 30 seconds.
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22 January 2016 | 7 replies
The variables I think I need to consider are:1) use of metal vs flex duct2) type of unit installed and warranty3) will permits be pulled / work done by licensed professionalI want to save money but don't want to create headaches.
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26 January 2016 | 15 replies
The tenant can pull up a truck and move desks and chairs in the middle of the night pretty easily and skip town.Medical office is a different animal.
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23 January 2016 | 2 replies
Or, if you've got the time and inclination (and you can access the city/county/state records), you can pull up each individual address and see when it last sold and for how much.Since you have Redfin coverage there, you could also search each address on that street, and scroll down the page to the Property History.Having an agent run 'em though sounds way faster and easier (and you'll get subsidy information too).Good luck!
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30 November 2017 | 6 replies
@Adam AndersonWith Fannie, for investment property transaction, you can have up to 10 financed properties, however if you have between 5 to 10 financed, you can only pull cash out on an investment property if you meet the Delayed Financing exception.With Freddie, for investment property transaction, you can have up to 6 financed properties, and you can cash out on all six without restriction.If your lender is telling you something different, then they have an overlay to the guidelines.Let me know if you have any further questions or if I can help out in any way.
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24 January 2016 | 4 replies
That is going right to the source and any other site or service would be pulling the information from the same place
24 January 2016 | 8 replies
Once you know what you can build on the land you pull comps and that tells you what the land is worth.
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24 January 2016 | 2 replies
hey all,happened upon a very low-cost property that the owners have free and clear. they've been living in one side w their mother in the other unit for twenty some odd years now and are moving to a new house. they tried listing it for 40k originally, not even a single walk through. 30k, nearly the same thing. finally got someone interested in it for 28 but then pulled the deal (the listing agent did) because the buyer seemed shady. back on market now and i've been using the listing agent to look at duplex opportunities the last few weeks so he pitched it to me.checked it out, needs minimal repair (considering the price point it's at) and can pull 550-700 depending on what updates i choose to perform.the best part of it all is that she may be willing to do owner financing as there is currently only one offer on the table and it's 8k less than what she's wanting. all that to say: what are typical terms here?
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25 January 2016 | 9 replies
first of all - congrats that you are actively looking and ready to pull the trigger on your first RE investment.I didnt see what the end game is?