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1 March 2024 | 19 replies
Lots of syndicators got into the business in 2018 and 2019 and simply got lucky when cap rates dropped from 7% to 4%.
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2 March 2024 | 8 replies
I'm currently based in Phoenix, having originally moved from Washington State.
1 March 2024 | 10 replies
I've found a couple of options, but not sure how legit they are:-Delayed financing prior to 6 months, but only based on purchase price and closing costs, not ARV which isn't ideal.
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2 March 2024 | 9 replies
As a host you can adjust your pricing based on demand.
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1 March 2024 | 140 replies
I have experienced, first hand, so many healthy people drop out of the blue, as young as 40s, but often in their 50s and 60s.
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2 March 2024 | 9 replies
Hi, I’m based in the Seattle area but invest in the Midwest with 9 doors across Memphis and Detroit.
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1 March 2024 | 9 replies
Hello everyone, I am looking for a lender to provide a second lien on multiple single family rentals, but which is not based on personal income.
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1 March 2024 | 3 replies
Profile:Investor owned LLC -LLC owns 5-6 properties-Investor normally takes every legal write possible so LLC DTI is high-LLC normally has an annual paper loss wInvestor Personally- Investor owns 2-3 properties not in the LLC-Equity in property 1 is over 70% and equity in others are around 50%-Investors personal DTI is around 15-18%Based on what you see above, the investor would like to tap into the equity in one of the above personal properties.
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1 March 2024 | 4 replies
@Seena NassiriI'm based in the Bay Area with a lot of clients that own rental properties out-of-state so I think I can answer this question with creditability.
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1 March 2024 | 8 replies
For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker