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1 March 2024 | 21 replies
Your best bet is hard money if you're looking for a lender without seasoning requirements.
1 March 2024 | 16 replies
I think learning as much as you can now going forward until you are able to get into a house hack or your first investment property if you don’t want to house hack is your best bet.
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1 March 2024 | 6 replies
Yes, I foresee many potential issues that you'll want to consider carefully before pulling the trigger on an OOS property in a C or D area (see my previous post for details).Good luck out there!
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2 March 2024 | 4 replies
If the mushrooms are still visible and you aren't comfortable living there due to it potentially being unsafe I recommend contacting code enforcement: https://www.atlantapd.org/about-apd/divisions/chief-administ...
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1 March 2024 | 39 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.
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1 March 2024 | 19 replies
Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.
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29 February 2024 | 8 replies
@Anx Carter Your safest bet is to have your CPA/tax professional determine the land value.
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1 March 2024 | 6 replies
Check out the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com
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1 March 2024 | 7 replies
My book does go into detail on these as they are the biggest potential issues. 2) The seller changes their mind before you purchase - my book goes into detail on this but it is important you file what is called a memorandum of lease option - so they can't sell it to anyone else or refinance it to pull out their equity.
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1 March 2024 | 12 replies
By selling the property now, you can avoid the time, money, and effort required to make repairs and potentially deal with ongoing property management responsibilities.On the other hand, if you are willing to invest in the repairs and potentially hand off the property to a property management company, you may be able to increase the value of the building and generate higher rental income in the long run.