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19 February 2024 | 3 replies
If the deal is good enough (i.e. has meat on the bones), investors usually have no issues obtaining financing via hard money, private money or other lending options.Your experience will likely be similar so I'd recommend spending time/effort on finding and negotiating deals.
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18 February 2024 | 16 replies
Did you pull the permit and still violate the issue that needed the variance?
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17 February 2024 | 2 replies
Send me a DM and I will send you the property address and my numbers.
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19 February 2024 | 9 replies
Price may be the biggest issue impacting your vacancy.
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18 February 2024 | 1 reply
Since there are many more listings competing on the market than in previous years, it’s crucial to prepare a listing to stand out among the rest and work to address buyer objections prior to going on market.
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18 February 2024 | 3 replies
Single might not have as much cash flow, but multi family properties create more potential for issues since there are likely multiples of everything (furnaces, hot water heaters etc)-what property class are you looking for.
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19 February 2024 | 2 replies
I spoke with someone who had a similar issue and proved that the property was being used as a 2 unit rental because they had a lease agreement in place and never discontinued use for more than 3 years since most recent rental license.With 3 units its a bit of a tougher battle.
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19 February 2024 | 7 replies
The one issue is that you can only purchase real estate "Cash" in general as most lenders won't let IRA's take out loans, but I've seen it done if the deal is right.
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16 February 2024 | 14 replies
- Foundation issues - should be more obviousWhat else am I missing?
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19 February 2024 | 4 replies
In that scenario, Fannie/Freddie have a 15% down option (but see above about market conditions) but they still won't lend to an LLC.Now, I feel that transferring your property to your LLC after closing is a non-issue.