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10 October 2017 | 1 reply
Besides facebook and craigslist....what are the best sites to attract the right buyers for this product?
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21 October 2018 | 100 replies
Get training like MoreGCI to track what productivity you need to be making each month.Most of all, stop reading/learning.
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11 June 2018 | 6 replies
your best bet here is to find a professional that knows the area, product and market you are selling in.
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5 June 2018 | 4 replies
@Ivan TorresHi Ivan, my wife and I are Superhosts in that area and are doing extremely well.
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12 June 2018 | 20 replies
Since you don’t need cash flow from the house to survive, you can easily do 7/1 or 10/1 ARM product to save on interest cost and get your money out My two cents
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14 June 2018 | 13 replies
Pros - Higher rents than renting to a family, I can pop in anytime to check on the place, if one guy moves out, I don't lose the whole rent, no wear and tear from kids or pets.Cons - Higher turnover (I usually do month to month which also has higher rent), potential for parties (but I screen very carefully so this has not been an issue at all), parking, roommate drama (rare with professionals).Just another option to consider.I'm a mortgage lender myself and I wish we had a 90% product like that MACU loan!
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4 January 2019 | 23 replies
I would say those things are extremely minor.
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2 January 2019 | 7 replies
There are commercial products out there with 30 year amortization to help keep payments low and you can cash out between 70-80% LTV.To answer part of your other question.
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9 January 2019 | 17 replies
No need to worry about what interests rate will be in 5-10 years which is an issue with a commercial product.
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3 January 2019 | 2 replies
(Something I HATE doing)The main issue we had on this transaction was that I did not know that the city was a " block to block" city.This just means that it's a lot tougher to value properties because one street could be extremely nice and then you can go down the road and be in a war zone.After we got all of the mess sorted out, we ended up getting a price reduction and we are going to move the deal forward.Here are my top three mistakes.1.