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13 May 2024 | 0 replies
Purchase price: $360,000 Cash invested: $22,000 3 unit home in Upton Marble Hill. 2 of 3 Units are rented and bringing in $2400 a month in gross revenue.
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13 May 2024 | 3 replies
What's the price point and when can you see the units in person if you are deployed?
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13 May 2024 | 0 replies
Would we be able to pocket the buyer commission to remedy the final sales price or closing costs?
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13 May 2024 | 12 replies
Ricardo,You have a couple of options if you decide to go in with "All cash" you can do a delayed financing loan after you close that will give you back 80% of your purchase price, plus any renovations/repairs.
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13 May 2024 | 7 replies
Since the property is there, I can only do investor loans in AL, but from a consumer standpoint you can do Conventional, FHA, VA, and USDA as a renovation loan where you take the cost of the property plus the cost of the renovations as your purchase price up to the value of an "As-Repaired" appraisal.
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14 May 2024 | 10 replies
All the properties I currently own (or have ever owed) are worth at least 2x the purchase price.
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13 May 2024 | 3 replies
It will not make a ton of difference in sales price.
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13 May 2024 | 9 replies
There was a listing here where they put some dumb offer deadline on a way over priced house.
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13 May 2024 | 4 replies
Consider both median home prices and rental rates to align with your investment strategy.
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13 May 2024 | 9 replies
If the previous owner lost the property in a tax sale, they may not be dying to help the next guy who got it for a very low price.