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29 June 2018 | 0 replies
After doing some research, the land is wetlands and generally undevelopable, but will this yield me any equity as my land amount has doubled since the appraisal ?
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3 July 2018 | 23 replies
I also don't put an enormous amount of time into maintaining the site.
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5 September 2018 | 11 replies
I think they are legit, and they offer an incredible amount of tools.
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29 June 2018 | 1 reply
Phase 1: BRRR House 1 PurchasePurchase Price: $76,888Closing Costs: $ 4,690Total Initial Investment: $81,578Phase 2: RenovationsReno Budget: $25,000Phase 3: RefinanceAfter 1.5 years of slow renovations the house was appraised at $175,000.Existing mortgage balance before refinance $61,5000Refinance Mortgage New Amount: $105,000Cash Out In Hand: $39,700Phase 4: Purchase Another House - BRRR2Purchase Price: $120,000Down Payment: $24,000Closing Cost: $5,500Total Initial Investment: $29,500Phase 5: Rent BRRR House #1Mortgage: $657Insurance: $75Total Cost: $732Monthly Rental Income: $1,450Monthly Passive Cashflow: $718**** I was really lucky with getting $1,450 as the monthly rent, was really expecting $1,300.
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29 June 2018 | 2 replies
I sent those in and asked for letters on USDA, FHA, and verious amounts down for a conventional loan, and moved forward with the first three to get me what’s I needed.
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30 June 2018 | 1 reply
Details on the deal:Payoff amount: $75,972.42Monthly Pymt: $553.64Loan Type: FHAInterest Rate: 3.5%1.
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11 July 2018 | 6 replies
We could guess all day on here but no one will be able to answer that question with such a small amount of information.
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29 June 2018 | 2 replies
Normally the way seller concessions work is that it’s just a dollar amount from the seller to the buyer at closing.
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30 June 2018 | 4 replies
Just something to think about when using a line of credit in large amounts of money.
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2 July 2018 | 5 replies
I also agree your Vacancy amount is low.