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30 August 2023 | 5 replies
Or would LegalZoom or Rocket Lawyer be sufficient?
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15 November 2023 | 16 replies
Hi folksIs landlord in their right to verify that voucher pays in the amount sufficient to cover the rent, before showing the property to a prospective tenant?
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18 December 2023 | 16 replies
The convention center is back to pre-pandemic levels, Port Covington (poorly re-branded as "Baltimore Peninsula") is almost done where Under Armour is building a new headquarters, the huge Westport development that hasn't even broken ground yet, a new Top Golf, half a dozen new breweries, and one of the most affordable metro areas in the North East.3) As everyone else said already, finding a good 4 unit property will be difficult and it's difficult to use an FHA 203k loan for that type of property due to 'self-sufficiency tests' (ask your lender to explain that).
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14 October 2023 | 3 replies
Seems like a great option for Chicago as the FHA self sufficiency rule all but eliminates Chicago priced 3/4 unit purchases.
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10 January 2024 | 12 replies
Fannie Mae is coming out with new guidelines to allow 5% down payment on 2-4 unit multi-famiy (Owner-Occupied)...This is huge news at least for an area like San Diego where FHA (3.5% down) can't be used for 3 and 4 unit properties due to self sufficiency rule.
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3 April 2018 | 14 replies
If you have the equity, great, if not, then hopefully you have sufficient W2 or personal income to qualify both properties with out rental income (basically 25% equity in the vacated property is Req.'
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27 January 2015 | 69 replies
@Kyle Smith Sounds like your property is a winner on the surface...and great ROI @ ~50%When considering ROI, I would also consider some contingency for ongoing repair/maintenance to keep your rental in sufficient shape for your market.Way to go on the deal :)
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8 February 2022 | 7 replies
While you may find a single planner that can sufficiently model your retirement cash flow needs, you are likely to find that a whole lineup of planners / advisers can best serve you in sourcing the broader spectrum of alternative asset classes.Due diligence and sourcing is simply a bottle neck for anyone.
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19 December 2022 | 12 replies
$500 per month cashflow helps you ensure you don't lose the house, but it's difficult to get RICH off of $500 per month--that's where you need appreciation...ideally, you want a portfolio that provides sufficient defensive cashflow, with enough offensive appreciation to allow you to hit your wealth building goals.Good luck out there!
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26 January 2023 | 3 replies
So, depending on what properties cost in the land of Bucky (My neighbor played hockey at Bemidji), you may or may not have sufficient capital for rental property investing.