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23 March 2016 | 8 replies
Give you the wherewithal to pursue and achieve your long-term goalsMany investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behavior will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals.
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21 October 2015 | 9 replies
Give you the wherewithal to pursue and achieve your long-term goalsMany investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behavior will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals.
13 October 2015 | 0 replies
If not you might need to find another property or loan scenario.If a borrower’s exit strategy is to rent and refinance the subject property, the hard money lender is going to want to know if the borrower is creditworthy to obtain a refinance loan in order to accomplish the exit strategy.
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14 October 2015 | 2 replies
I'm 32 and my wife is 34.We have a good amount in our IRAs that we are looking to potentially tap into ($10k each per the IRS rules) IF we qualify under the first-time home-buyer early distribution not subject to the 10% penalty.
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13 October 2015 | 3 replies
George's Soros concept of reflexity in motion.In expecting a correction (this month till 4 years from now), we're moving out of the slower markets like Kennydale, Des Moines, and White Center and focusing our flips on the hot areas like Ballard, Wallingford, Fremont, Queen Anne, Magnolia, Bellevue, Mercer Island, Redmond, and Kirkland.
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15 October 2015 | 11 replies
Give you the wherewithal to pursue and achieve your long-term goalsMany investors start off "too hot", and they either overdevelop their first property or they spend their money too fast - either of these behavior will stop you dead in your tracks, and you probably won't even be able to achieve your short-term goals - and you certainly won't have the resources to pursue your long-term goals.
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14 October 2015 | 6 replies
I just realized that even though I've been here 6 months, I still haven't properly I introduced myself. my name is david miller. i'm an editor and media producer living in Asheville North Carolina with my family. a month ago, I closed my first deal--a fixer-upper that was dead center in my target area. it was also off market, and I was able to get with owner financing. asheville is a very hot market, and I absolutely put to use everything I've learned here over the past six months. it took me four months to find and close that deal.anyway, i'm so stoked to have found this community, and massively appreciate everyone is taking time to help a total newbie. in the time since this deal I 've gotten a great remodel project underway (following Brandon's eponymous BRRR strategy) and continue to look for new deals--the latest an asheville note i've bird dogged and am trying to find an investor for it (message me if you're interested). thanks again for being so helpful everyone, and please feel free to connect with me. david
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8 March 2015 | 14 replies
East Bay seems pretty hot right now with people getting priced out of SF.
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6 March 2015 | 2 replies
Im thinking I could do a subject-2 (need info on the due on sale clause) but the seller's mortgage is 623/mo with an 11%.
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10 June 2015 | 15 replies
Raleigh is a hot market