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9 March 2024 | 25 replies
Do they plan on getting income?
11 March 2024 | 4 replies
Alternatives include exploring seller financing or joint venture partnerships to potentially reduce your upfront cash requirements.
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12 March 2024 | 20 replies
I do like to start with open communication but if a tenant does not appear to be interested in coming up with solutions I recommend using an attorney right away.
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11 March 2024 | 3 replies
I live in FL, so no state income tax.
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12 March 2024 | 7 replies
My current rent is $2300 at my apartment and I'm assuming the $2300-$2500 liability will be consistent in this property given the Purchase price, interest rate, and including rental income of $2000-$2200 of the other unit.
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11 March 2024 | 3 replies
I am scared to pull money out of my home unless it is generating income in which it will this year.
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12 March 2024 | 250 replies
Fannie Mae research shows that low-income and first-time homebuyers pay disproportionally more in closing costs.
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11 March 2024 | 20 replies
If the appraiser believes the income approach is necessary for credible assignment results, then the income approach must be included.
11 March 2024 | 2 replies
Also is the $41,255 NOI or is that just income?
11 March 2024 | 7 replies
I dont have the full purchase price of this 4plex to invest though, so I would have to finance half to 2/3 which seems like a stumbling block. i can still make the numbers work, but at a much lesser monthly profit i suppose. i also dont have the w2 income to support 2 mortgages (counting the one i have on my house), so i assume any bank would have to count the existing leases towards my income which i understand is possibleI guess I was wondering about advice, or red flags, anything, on this specific deal.