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5 May 2024 | 4 replies
For networking, I think I'll start just by attending a local real estate investor meeting and just listen and meet people, and hand out my business card.
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5 May 2024 | 3 replies
I have had so many people asking me for help re financing in Mexico that I'm studying whether there's a way I can get involved in that business to be able to help them.Finally, something to bear in mind that the best deals in Mexico can be more profitable if you pay cash than a deal with a mortgage in the US.
5 May 2024 | 5 replies
It'd require you to rent out the property since it has to be used for business use.
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5 May 2024 | 6 replies
This is particularly for someone looking to grow a real estate business not just general posts.
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3 May 2024 | 8 replies
LLC's are more used by larger investors and people who do not qualify under their personal names and have to ue business purpose loans and they require the property be in an LLC and not an individual.
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5 May 2024 | 17 replies
Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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5 May 2024 | 10 replies
Quote from @Gian Pazzia: For properties that small, you should budget $450 per property and use cost segregation software like the one below from a trusted brand that has been in business almost 25 years.
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5 May 2024 | 6 replies
Quote from @Gian Pazzia: For properties that small, you should budget $450 per property and use cost segregation software like the one below from a trusted brand that has been in business almost 25 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1956245/small_1713298412-avatar-alanar3.jpg?twic=v1/output=image&v=2)
4 May 2024 | 1 reply
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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1 May 2024 | 4 replies
The costs for the LLC business will be paid with the primary business card.