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18 September 2021 | 5 replies
They take forever but they are the proper way to go (from the start).
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17 September 2021 | 4 replies
And the answer here is that we ONLY want to work with lenders that use full After Repair Value right away.Part of the proper steps to a successful BRRRR is getting prequalified.
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18 September 2021 | 7 replies
But you should most certainly be interviewing lenders before you pull the trigger on a property to get the proper information on how they lend money.
3 October 2021 | 2 replies
I think understanding how to properly estimate deals on properties (the BP Rental Calculator is a great starting point for this).
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17 September 2021 | 0 replies
Apart from scanning the news and paying attention to where players like Amazon will open their next shipping hub, or Apple will re-route its domestic manufacturing plants (assuming they have any?)
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21 September 2021 | 12 replies
For HomeReady loans, financed properties owned by a non-occupant co-borrower that are owned separately from the borrower are excluded from the number of financed properties calculation.The following property types are not subject to these limitations, even if the borrower is personally obligated on a mortgage on the property:commercial real estate,multifamily property consisting of more than four units,ownership in a timeshare,ownership of a vacant lot (residential or commercial), orownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).Examples — Counting Financed PropertiesA HomeReady borrower is purchasing a principal residence and is obligated on a mortgage securing an investment property.
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5 October 2021 | 5 replies
The time and money spent getting it cleaned up, and then properly screening and placing your new tenant might be a good move.
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19 September 2021 | 2 replies
I'll send you a DM to give you the name of one of those I'm using, as you'll definitely need one, even if you work with an agent (for the record, I'm not being paid any referral commission).If you want to deal with a real estate agents in Mexico, make sure that they are properly licensed.
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19 September 2021 | 7 replies
AS for asset protection depends on what type of assets you have to protect so on and so forth.Generally speaking on your personal resi good insurance and nice big umbrella will work 99% of the time.AS your estate grows for sure there are methods that will help you with Trusts being one of the better ones from what I have seenBut to do it properly is 15 to 50k and then you have yearly maintenance and such..
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19 September 2021 | 3 replies
Try to get an idea if the current owner screened tenants properly.