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12 March 2024 | 7 replies
You'll have higher out of pocket costs for inspections and appraisal on 5+ units, LTV typically doesn't go as high, many lenders require a 70%+ occupancy rate.
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12 March 2024 | 24 replies
I have a high credit score and zero debt; I just don’t have the work history.
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12 March 2024 | 1 reply
With the high property tax and about 10k of work needed on the home.
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12 March 2024 | 41 replies
Is this price point too high for rehab companies, flippers ,etc?
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12 March 2024 | 2 replies
I am trying to avoid being marked as a HIGH RISK. business so I'm trying to find the best one that fits for that.
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12 March 2024 | 2 replies
I’ve had to change my strategy due to my city being a high market.
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13 March 2024 | 9 replies
GP's receive fees (acquisition fee and asset management fee) + some "sweat equity".Lot more that goes into it, but that's high level.I've syndicated 10 deals so far, I love the model!
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12 March 2024 | 5 replies
As for books, if you haven't already, I highly recommend checking out "The Book on Rental Property Investing" by Brandon Turner.
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12 March 2024 | 9 replies
I'm sure your income would be higher renting by the room vs renting the whole home, but as long as there are comps to support a value high enough for a DSCR ratio of 1.00+, you should be in the clear.
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13 March 2024 | 55 replies
Do not be transactional thinking you need to make a high commission on every deal, understand that the real money is in the long term relationship.