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16 February 2016 | 5 replies
A job that will absorb your time and energy.
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26 March 2016 | 29 replies
Single-family fits my comfort level, but multi-family numbers look better due to the little amount of reserve cash and wanting better cash flow to start.
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11 February 2016 | 12 replies
What has been your path, high-level, in getting to managing 20 rehabs?
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6 February 2016 | 2 replies
Go meet with someone at a local firm with "Lending" or "Mortgage" or "Funding" in the company name (that right there tells you their #1 priority isn't "open another checking account" or "establish an ATM machine location" at an institutional level), that lives and lends in the community they serve.
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7 February 2016 | 10 replies
You're safe because I haven't ever planned on speaking there.If you are a lender, suggest you chime in with your area of expertise and knowledge in either hard money or conventional original, as is appropriate for your level of experience and working knowledge.
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7 February 2016 | 11 replies
Each brokerage is "responsible for you" until you go out on your own so recognize that there is some level of control on your activities.
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4 April 2016 | 32 replies
It was way too big of a job at my skill level.
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13 February 2016 | 63 replies
There are lots of different ways to go and I find that most investors I work with have a preference that excites them and also balances their comfort level.
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21 April 2016 | 61 replies
Even if they can get $1500/month per apt. which is really at the highest level for 2 bedrooms units, they can reasonably only make about $400/month after taxes, insurance, water, and CAPEX/repair.
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7 February 2016 | 3 replies
My initial plan was to purchase with cash then take a mortgage out after it is rented for 3 months then use the mortgage money and add 20% more of my cash on hand to buy the next place; I could have done that to purchase 4 houses which would have my passive income at a comfortable level. 3 of the 4 houses would have a mortgage and I would have mutual funds and 1 house to cover the debt of the 3 mortgages.