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22 July 2019 | 8 replies
Creative Ways of Financing:Pay CashTraditional Landlord Loan as listed (30 year, 20 year, etc)Buy with cash or hard money at a discount, rehab, and refinance - the BRRRR discussed all over BPUse a Construction to permanent - many small banks offer a rehab loan, that once the rehab is complete converts to a permanent loan.Get the seller to finance youGet a private lender or partnerTake over the seller's current financingWe will be talking about the last one at MAREI in November.
15 January 2020 | 17 replies
In addition, it's part of the permanent record of the tenant(s).
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16 June 2019 | 1 reply
After that, it would have converted to permanent financing as a non-owner occupied investment property loan.
8 July 2019 | 1 reply
There is a 10% contingency reserveFamily, Interested parties in the transaction, Employers, Borrower are not eligible to perform the renovationsAllowable repairs - must be permanently attached to the property and add value to the property.HomeStyle May be an option as well. 25% down would be required, with this financing.
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7 August 2021 | 12 replies
Will probably think about either doing this later when I'm in the US permanently or setting aside a longer chunk of time to set this up.
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29 May 2019 | 45 replies
If it doesn't generate fat piles of excess cash you don't buy.
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14 December 2022 | 33 replies
The market conditions that made demand soar (Covid and Christmas) are not permanent factors.
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9 October 2023 | 10 replies
Simplification to get money immediately coming in is my immediate goal so planning in phases and getting a certain number of permanent rv’ers to start the development of the store and clubhouse with the existing newly built shell onsite.
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27 January 2024 | 6 replies
They know exactly how to work the system for the maximum amount of free rent.The best system out there is the judicial system where the eviction goes on their permanent record for all to see later.This is why you have to do your homework before renting and run the background checks prior to renting.
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31 May 2011 | 17 replies
You can gain equity but you want to outpace inflation.Many buy in these areas and others for the appreciation more than the cash flow.If I just keep up with inflation I feel like I am just spinning my wheels.The 50k houses in Atlanta the investors were probably sold a bill of goods.We have properties here that sell for 4k to 6k in the war zone areas.The nice properties in great areas are gone in a day or two.These companies then out in a tiny amount of money and resell for a fat profit to out of town investors.Home buyers to live in your area will pay a premium.Have a broker/agent research the MLS.Has there been any solds within the last year even close to the price you would need??