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15 April 2024 | 4 replies
Looking for long term financing options.
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15 April 2024 | 5 replies
You would need to consult with a (local) lender to see what is available to you for that property, but I am assuming 20-30%.You would likely have 2 options with that property - 3 2 bedroom unit listings, or 1 6 bedroom listing.
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15 April 2024 | 4 replies
You may want to consider promo rates on an equity line as well and if they offer you the option to convert any part of the equity line into a fixed loan.
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14 April 2024 | 2 replies
In NJ, for example, we rep a ton of landlords and require 3.5 months up front to rent which get you a better tenant and screening as we go through the NTN or rent spree (first month's rent, 1.5 security, 1 month realtor fee split between listing agent and rental agent).
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15 April 2024 | 12 replies
That leaves me to think the primary option available would be to look at a LTR instead.
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12 April 2024 | 2 replies
I’m thinking of offering an option to buy in the lease maybe after three or five years with no money down and the sale price would be the low end of the Zillow estimate.
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15 April 2024 | 5 replies
Vinny - I would say that if you're next deal will be a BRRRR you have a couple options for finding the funding, including: 1) Taking a HELOC on your primary house assuming that when you refinance you'll payoff the HELOC, 2) You can also use a loan from someone else like a private lender (friends/family) in which you pay them 10-12% for the use of their funds, OR, 3) You can use a hard money lender in which the rates are a bit higher and there will be some points added as well.
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15 April 2024 | 9 replies
However, condos are typically cheaper and you could find more options if you have a limit to what you can spend.
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16 April 2024 | 18 replies
It's a good time to shop all policy options -- landlord insurance, commercial umbrella, personal umbrella.
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15 April 2024 | 1 reply
There's a few options to file this form:1.