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1 March 2024 | 5 replies
Instead he put stickers on the windows to make it look new.
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1 March 2024 | 3 replies
If you have a contractor put in different size windows the home may lose its curb appeal and look downscale.
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1 March 2024 | 18 replies
We found a property that we like a lot and was getting ready to pull the trigger on it but wanted to know what would be the best strategy for us without going the conventional loan way or FHA way due to having to; 1-having to put down 20% for conventional and 2-having to live in the property for a minimum of 1 year with the FHA.
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1 March 2024 | 19 replies
I know some who started their own gig in last three years but have been around for 30 and put a team around them with other experienced operating experience, thus I would invest with them 10/10 times than the person who graduated college five years ago and is already doing syndications.The next few years are gonna remind me of the scene from the big short when he is with the stripper and she is talking about her five homes.
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1 March 2024 | 10 replies
However, it demands strategic and cautious handling.The advantage lies in accessing capital without selling existing investments, but the risk involves putting your primary residence on the line if you can't meet the loan obligations.A HELOC should not be your primary choice, as it carries more risk than a traditional mortgage with higher interest rates.Considering your stable income and disciplined approach to investing, focus on saving for the down payment.
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2 March 2024 | 17 replies
I would also put higher consideration into the market where you can build the best team.
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27 February 2024 | 43 replies
However, I don't want to put in an offer until I at least see a video of it.
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1 March 2024 | 40 replies
If you really want to build wealth, stop looking for shortcuts and put in the hard work.
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1 March 2024 | 6 replies
Looking into cash-out refinancing and DSCR loans and all of that but I'm getting ahead of myself as I don't even have the 1 yet lol.Nobody in my family has any experience with this sort of thing so I'm just hoping someone can give me their opinion on if this investment makes sense.The home is currently being rented for 2900 total (all tenants are month to month and have been there about a year each) and my monthly costs would be 1,200 included taxes, insurance, mortgage etc.I am considering putting the home on section 8 because the fair market rent would make my monthly rent 4k+ but I'm weighing the pros and cons on that avenue.From what I understand the biggest costs to me as a home owner would be a new roof or fixing the pipes for any reason..
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1 March 2024 | 1 reply
Put it on the market and see what the market will bring - you can always chose to not sell if the numbers aren't good enough but I think you will be surprised at what houses are selling for.4.