11 March 2020 | 2 replies
It is fully occupied and the revenue is $1800/month.
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31 March 2020 | 55 replies
Some general food for thought:It's never too early to start building a team of experts, just be polite about the amount of time you expect them to work for free.Most Realtors only have experience with buyers looking for an owner-occupied home.
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11 March 2020 | 2 replies
There's definitely rental demand in the area I'm talking about, but I'm thinking that carrying paper with owner-occupiers might be more scalable that dealing with MH tenants (despite the loss in tax benefits) so glad to hear there is still demand for seller financing out there.One thing I've always been somewhat concerned about carrying paper at a fixed rate is a rise in interest rates/inflation rates eroding the value of a longer-term note portfolio.
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11 March 2020 | 0 replies
Where can I buy lists for wholesale?
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13 March 2020 | 21 replies
Don't forget the Chattanooga City Council is nuts and taxes non-owner occupied duplexes at 40%!!!!!!!!!!!!!!!!
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14 March 2020 | 8 replies
I've been looking for some time at multi-family units with the intent of owner-occupying when I move back up to the area.
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29 June 2020 | 18 replies
@Susan Ferris When I first started out, to avoid the 20% down for investment properties, I would move into each property as Owner Occupied only putting in the minimum down payment to secure the property.
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12 March 2020 | 14 replies
Delayed financing will allow you to refinance a property that doesn't have a lien on it, up to the amount of the purchase price +roll in your refinance closing costs up to 75% LTV on a rental property or up to 80% on an owner occupied property.
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13 March 2020 | 4 replies
Bought at $23k per unit in a market where C-class is selling for $45-50k per unit -- 68% occupied at purchase.
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29 March 2020 | 22 replies
Rents were low and it was fully occupied with leases until May 2020 when it hit the market so very few people were interested at an initial asking price of 425k.