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23 March 2019 | 4 replies
We have a storage facility that took forever to close because of SBA shutdown and our rate we are getting versus quoted was .92% lower.
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4 April 2019 | 8 replies
well mostly im looking to seller finance to begin to create longer term profits.selling the partial will recoup the money used to purchase and rehab so i can repeat the processkeeping the back end of the first lien note essentially pays me a second time as well as keeping the down payment money and the second lien for the difference between down payment and 100%if i build up a list of buyers who are decent risks but unable to qualify for bank loans i will limit the amt of times i have to conventionally sell property via a bank and a realtor which ,combined, would take 10% of my profitit seems a much more workable way to bypass the need for hard or private money upfront to rehab, having to work with draws , etc, points. or lease purchasing it and having to refinance to pull my money outthe fact that i have cash to purchase initially would allow me to get ahead of these costsdoes this seem feasible ?
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23 March 2019 | 4 replies
So, how feasible, (assuming he is on board), would it be to have my father in law buy a house for my family to live in and give us a rent to own type deal where we are paying the mortgage and insurance on it, via him, so that it doesn’t really show up as debt?
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6 April 2019 | 16 replies
At 80-90% of the ARV, it wouldn't be feasible as a conventional quick flip, but if you buy it with the intent to hold it for a few years (avoid capital gains and comply with financing restrictions) it would work well with an FHA 203k.
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26 March 2019 | 4 replies
Thinking about adding storage buildings to a 4plex we have due to renters needing more space and wondering what size and how much you should charge.
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25 March 2019 | 8 replies
But some said no enough storage and some said too small.
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28 March 2019 | 7 replies
Doing big developments like this often require a large amount of upfront money for these kinds of services just to figure out the pro forma and feasibility study with no guarantee you'll get that money back.
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12 April 2019 | 8 replies
If it is owner occupied I be sure to let them know that we provide moving services and or assistance with storage at no additional cost.Key is to listen if they want to talk.
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11 February 2019 | 4 replies
We are hoping to use them as collateral OR cash equity when we go on to our next investment (RV and boat storage).