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30 March 2024 | 3 replies
Ok so buy and hold the home is my best option then.
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30 March 2024 | 3 replies
A few things to keep in mind when obtaining an FHA 203(k) loan:1) Improvements paid for with a 203(k) loan must generally be completed by a licensed contractor and are subject to approval by an FHA appraiser as well as oversight by the FHA-approved consultant if it’s the standard loan option.2) You must develop a remodeling plan, schedule, timeline and put it in phases.
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28 March 2024 | 20 replies
Your credit and some basic liquid assets matter, too.Finally, DSCR loans are for “turnkey” properties only, meaning any property needing any significant renovations or rehab is not going to qualify, and you will likely need to explore hard money options instead.https://www.biggerpockets.com/blog/dscr-loans-terms-to-knowAnd extremely relevant to your post: BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?
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29 March 2024 | 8 replies
For example, Clarksville, TN (outside of Fort Campbell military base) could be a great option.
27 March 2024 | 13 replies
My wife and I are exploring all the options about where to relocate!
30 March 2024 | 17 replies
Our only other option was to reject her as a tenant.
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30 March 2024 | 11 replies
Private lenders offer flexibility in structuring the loan, with common options being interest-only payments with a balloon payment or a fully amortized loan.
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31 March 2024 | 7 replies
I am requesting seller financing and would like to see what options I could get if it’s even worth it.
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28 March 2024 | 3 replies
I am in the process of exploring property management companies in Dutchess County, New York, and I’m reaching out to this knowledgeable community for recommendations.
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28 March 2024 | 0 replies
In a high-interest rate scenario, properties that are well-managed and offer added value to tenants tend to retain their attractiveness and profitability.Strategy #4: Explore Diverse Real Estate SegmentsDiversification within real estate investment can mitigate risks associated with interest rate changes.