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18 March 2024 | 9 replies
The permitting in NYC is also tricky and it can take months to get a permit, along with contractors being really busy is really proving challenging.
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19 March 2024 | 19 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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17 March 2024 | 3 replies
The owner has an LLC that he uses because it is a business for him to sell property and finance it for individuals.
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18 March 2024 | 19 replies
I have not used an agent before, and I've heard mixed things about that.My personal strategy has been to make up small business cards or flyers and then have somebody place those in the areas where my tenants are likely to be, such as local grocery stores, laundromats, restaurants, and so on.
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17 March 2024 | 0 replies
Mentoring and Coaching should be a complimentary business not a primary one when they either have failed miserably or never even were an investor.
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18 March 2024 | 10 replies
This is your business.
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18 March 2024 | 8 replies
@Adam M.Is Kevin a drug dealer or involved in some other type of shady business?
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18 March 2024 | 17 replies
If I sell, I could use the cash from the sale of this home to get my business really going and even buy multiple STR permissable properties.
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14 March 2024 | 1 reply
Hi ,when buying your investment property, do you put your LLC business code under real estate or property management?
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14 March 2024 | 6 replies
Money in business is made "on the spread" which is the difference between the cost of money and what you can do with it.