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7 June 2024 | 0 replies
With a purchase price of $142,000 and a sale price of $270,000, the property promised substantial returns.
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7 June 2024 | 0 replies
With a purchase price of $50,000 and a sale price of $72,000, the property promised substantial returns.
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7 June 2024 | 3 replies
I don't understand the clause "substantial lease violation".
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6 June 2024 | 0 replies
With a purchase price of $25,000 and a sale price of $62,000, the property promised substantial returns.
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6 June 2024 | 0 replies
With a purchase price of $195,000 and a sale price of $317,900, the property promised substantial returns.
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11 June 2024 | 46 replies
The underlying architecture of these models makes them best for chatbots & translators (matching word meanings/uses across various languages and translating based on positional/usage probability).I understand in 10 years there might be an Ai that can do this, but right now, these tools are useless for achieving anything of substantial complexity (meaning anything from medium-large coding projects to properly valuing a home, or even calculating the proper $/sf avg in a zipcode), so I don't understand why you repeatedly advocate for their efficacy in this REI space?
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7 June 2024 | 15 replies
A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, it’s a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.
6 June 2024 | 2 replies
I have come across multiple properties - typically houses that require rehab - where the seller is not the owner of the property but what I believe to be a wholesaler or investor who has been assigned the rights of the property to sell to an end buyer (me) for a (substantial) fee.
5 June 2024 | 3 replies
Happy to trade underwriting models if you are interested or if you have a genuine interest in taking a look for me and letting me know your thoughts.
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8 June 2024 | 37 replies
I know nowadays the rage is all low/no money down deals, and maybe I'm just not educated in that world enough to find the deals and get them done, but quite frankly for me it's been having enough cash in the bank to put down substantial downs that allow for monthly cash flow.2.