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8 June 2021 | 1 reply
I'd prefer that you review and agree to my lease and I will get them electronically signed and send you a copy.
7 June 2021 | 1 reply
I have a 3/2 House in Midland and would prefer someone manage it for me.
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5 July 2021 | 54 replies
I recommend that you drop the method and the lingo - and simply look at what opportunity exists in your preferred market.
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2 July 2021 | 0 replies
The seller is open to that but would prefer to do it all at once.My lawyer suggested offering to buy them all at once, $50,000 down, $750 per month interest only for 3 years, then I'll refinance.It will cash flow a little bit at this rate, about $200 per month.My plan was to BRRRR them one at a time.Thoughts?
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3 July 2021 | 1 reply
I am just getting started I’m real estate …I would prefer LLC …I How do you know when found my partner?
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6 July 2021 | 28 replies
@Christian Weber the first question I would ask myself if I were in your shoes would be, “what do I want; 2x-4x my money in a short period of time (rehab projects) or do I prefer to build long term wealth (rental income)?”
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3 July 2021 | 1 reply
Preferably near Inland Empire
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7 July 2021 | 8 replies
If the rehab was 40K and divided into 4 stages of 10K each, then you'd front the first 10K of the rehab, the lender would inspect and if satisfied, would reimburse you with a 10K draw, which you'd then use to do the next 10K phase of the project, rinse and repeat until the project is complete.Like I said, it's possible to find inexperienced lenders who will loan you based on the purchase price + rehab project cost or (worse) the ARV, but that's naive/risky to the lender as s/he has no assurance the funds will actually be used on the rehab.I hope that makes sense and helps with your analysis!
5 July 2021 | 5 replies
Much prefer the the word help and the energy it entails.
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4 July 2021 | 2 replies
How much 1 person would be paying for new really depends on finding that person who prefers new.