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10 March 2024 | 5 replies
In most cases you cannot charge two different tenants for the same time period (double dip).Pet fees/pet rent: Local laws vary, but there are often addiitonal deposits, fees, or rent for allowing pets that don't qualify as service animals or emotional support animals.
10 March 2024 | 1 reply
I will rent to him for remainder of life for 1000.00 My thoughts are in ca adu are allowed and almost pushed upon us I have raw land with water to it I was going to write a plan to have a structure manufactured home cause the utilities and set up are provided in cost rent to the guy who is willing to buy the structure and borrow some money from the trust it says she has discretion to do that!
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10 March 2024 | 4 replies
The repairs needed are estimated at 80k (this is a high estimate to allow the investor to chose roof type and other contractors in the area for some other repairs needed).
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9 March 2024 | 2 replies
I added value by installing four laundry rooms and kitchens in the existing spaces and separated them to create individual rentals.
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8 March 2024 | 5 replies
So I'm analyzing a deal in Philly currently and I'm being told by the owner that it's a triplex but I'm only seeing two listed units on Zillow (I can't check the actual MLS since I'm not licensed). I'm of course going...
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9 March 2024 | 2 replies
You can leverage most of the purchase and rehab, which would allow you to still purchase both deals.
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10 March 2024 | 8 replies
The 10% down second home loans are much more difficult to get now.You will likely need a 20% down investment property loan.Yes you can do a cost seg study for this property.I'd be more wary about finding a property that can cash flow and be allowed as a STR than tax breaks.
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9 March 2024 | 10 replies
The determining factor will be line of site and distance from any road you're coming off of, as to where they will allow you to put a road.
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8 March 2024 | 19 replies
You guys make sure you check and see if your state allows a homeowner to act as a GC.
9 March 2024 | 5 replies
@Mark Gerlach creative, but mortgage fraud.You have to disclose if you own more than 25% of a business you use as income to qualify.Why don't you just get a DSR loan that should allow you to do the rehab and use the projected rents to qualify?