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7 March 2024 | 1 reply
Curious how you vetted your tennats when you replaced them to avoid late/no payments
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6 March 2024 | 7 replies
OR: Go for broke and secure the bag baby?
7 March 2024 | 14 replies
So they scraped together the $10 - 20k necessary as a down payment for one of the real estate personality marketing systems (that also charge a back end percentage of the future sales revenue), and were given the program they would be pitching.Many moons ago I was at a RICH Club (Realty Investment Club of Houston) meeting, when a certain well known former television real estate fix and flipper was the guest speaker.
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6 March 2024 | 6 replies
I’ve been browsing Paperstac quite a bit lately, but I’ve noticed that most of the properties against which the notes are secured are decrepit shacks located in very rural areas.I’m fully aware that the kind of borrower who defaults on their mortgage won’t usually be living in an ornate mansion, but do you know of any way to buy notes for properties located in major cities, or at least somewhere where home values won’t tank 50% when the local chicken slaughterhouse or glue factory closes?
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7 March 2024 | 2 replies
They collected over $9.000 in damages, cleaning fees and rent payments.
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7 March 2024 | 8 replies
As long as the home appraises the equity should count as your "down payment".
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6 March 2024 | 6 replies
Austin is a very challenging market for cash flow at a traditional 25% down payment.
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6 March 2024 | 5 replies
The condo had an electrical fire about a year ago and the owner has been making mortgage payments and rent at their new place during that time.
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7 March 2024 | 12 replies
To me, when you say house hack, that means buying a property as a primary residence with a low down payment, living in it for a year, and then moving out and renting it.
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7 March 2024 | 9 replies
So I did what everyone said not to do and used every dollar I had on my down payment lol.