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10 February 2025 | 59 replies
Faced with the same problem I had to begin with, credit scores aren't great and don't have a qualifying cosigner for any type of traditional loan, mortgage or any type of equity refinance or HELOC, right now at this moment.
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14 January 2025 | 28 replies
As well as 3 credit cards which so far have not cooperated and synced with Quickbooks which takes some extra time each month.
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29 December 2024 | 253 replies
I live at the corner of Rich Dad Poor Dad and The 4 Hour Work Week.
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10 January 2025 | 12 replies
Otherwise, if the numbers make sense and your credit is good, it should be easy to find a lender.
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7 January 2025 | 1 reply
I'm broke as a joke but I have good credit how do I get started
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9 January 2025 | 30 replies
I make sure I screen each potential tenant thoroughly (background and credit checks) and require references.
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9 January 2025 | 16 replies
It still had poor locale support and was not much more International than the U.S.A. version.
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15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).
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8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
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11 February 2025 | 183 replies
I did find It should result in a 2.5 to 3.5 kw system, net cost around $5k after tax credit.