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25 April 2020 | 7 replies
I have to imagine that uncertainty with the OPEC+ fallout and corona virus dynamic duo will continue to have negative effects short term.
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17 March 2020 | 6 replies
I've found this exercise forces you to sit down and write our your thoughts.
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9 March 2020 | 4 replies
ESRI has locked me out, but here is a link to City-Data which is just as effective.
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12 March 2020 | 2 replies
There's a couple of sections in there dedicated to cost effective ways of improving a home to improve the ARV and some different pointers on materials too.
20 March 2020 | 18 replies
That being said, I’m not concerned too much about PMI’s unless it effects my CashFlow on the properties.
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18 March 2020 | 6 replies
@Andrew Hyder Mail is effective in finding leads.
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11 March 2020 | 3 replies
Some "cons" of the 203k are:MI (mortgage insurance) for the life of the loanUpfront MIP (mortgage insurance premium) can reduce the effect of the 3.5% down paymentCan take 15-30 days extra to closeNot all industry partners (Lender, Realtor, 203k Consultant, and Contractor) are as knowledgeable/experience as neededSlightly higher interest rate compared to FHA 203(b), which is the normal FHA loanCannot repair/add luxury itemsSome areas can have lower max loan limits that what is needed to do a 203kExcept for qualified non profit groups, required to be owner occupied for min 1 year There are many pros to the 203k, but above are just some of the "cons."
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11 March 2020 | 5 replies
Statistics like this are fine when you look at a population as a whole but it doesn't take into effect the amount of effort put in by an individual.
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17 March 2020 | 20 replies
@Laurent Meyer personal option: little will effect multifamily market.