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25 February 2018 | 5 replies
Maybe there is a DP large enough to satisfy the bank lending to you, like 25%.
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6 March 2018 | 33 replies
About 30 SFR, 30-40 in 2-12 units, and one large 72 unit.
25 February 2018 | 3 replies
Pay a bunch of money to loopnet for their service (not worth it for small scale).
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3 August 2018 | 4 replies
that's a huge red flag as well.just pop on to lendinghome's website they have really good pricingso does lima one.. those are national for real lenders you can compare if someone is cheaper then them then I questions it right off the bat.the only way you can have cheap rates and stay in business is if your like these guys VERY large and make it up in volume.. just be careful don't give out your SS and don't give them any money until you are certain you think they are real.. and they could be.. you have not given any details to help anyone really let you know if they are real or not..
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25 February 2018 | 2 replies
They are a starting point but can depending on market be off by large amounts.
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27 February 2018 | 9 replies
Welcome @Whitney T RedfieldSoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners in LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?
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1 March 2018 | 8 replies
Answer will largely depend on;A) Language of the lease agreement,B) The local laws related to enforceability of language in lease agreements.No answer can be given without knowing both factors, as well as knowing how your local judges would rule on same.
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25 February 2018 | 2 replies
The only thing he requires right now is that i pay a large down-payment towards house number 2. all 4 of them would go live in this new house and i would rent house 1 to some working professionals i know are going to be relocated later this year.Anyway it seems hard to conceptualize this logistically so if this is advisable please offer any guidance. the other option was just to continue to save like normal and he will rent this house to strangers so we all have to make moves this year regardless of the decision i just figured i keep the house and start building equity.Thanks in advance
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4 March 2018 | 36 replies
@Ricardo Cristobal SoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners in LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/369544/small_1694589393-avatar-paulj14.jpg?twic=v1/output=image&v=2)
1 March 2018 | 8 replies
Originally posted by @Dale Plant:I just checked Rent Moola, they require 50 units minimum.That's a new(er) condition ... we were nowhere that large when we started working with RentMoola (they were also relatively new).