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9 June 2024 | 18 replies
My front end DTI is 26% and my back end would be 39% with the second mortgage. my credit score is around 710-760 depending on the reporting agency.
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10 June 2024 | 15 replies
Most likely scenario is that you're able to add the improvements you're looking for and will be able to refinance into a whole-property mortgage in under a year, depending on the improvements.
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10 June 2024 | 4 replies
I did a step up payment schedule for my business that I bought.
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10 June 2024 | 6 replies
Of course, it depends on the facts here.
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9 June 2024 | 40 replies
I just worked with an investor who had $5M in cash (he sold his tree-cutting business) and I was able to get him into 11 properties in AL and FL.
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11 June 2024 | 1 reply
It might not even be accepted on your initial terms and most states have buyer focused contingency periods, or a statutory period of 7-14 business days to remit the deposit, perform inspections, organize appraisals and generally renegotiate or cancel without risk to the buyers earnest money deposit.
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10 June 2024 | 3 replies
If you want to shower me w/advice on my specific scenario:2x Duplexes4% Mortgage Rates / Very small loansMixture of LTR/MTR/STRActive Income (not very passive)Net Income around $24,000 in totality (however my books are a mess and am currently working with someone to CLEAN THEM UP so I can get a clearer picture)Would you a) hold; b) sell and open a franchise or other business venture ?
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9 June 2024 | 6 replies
You can still easily achieve rates in the low 7s depending on LTV for a DSCR cash out refi.
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8 June 2024 | 4 replies
If anyone has any good leads on businesses they recommend for the fence (temp fence with windscreen bc its Chicago, sandbags) and porta-potty, please feel free to share your sources.
10 June 2024 | 8 replies
It all depends on neighborhood and demand.