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For all of the investors considering Memphis as a potential market, let me just say it is a wonderful town. Besides all of the economic reasons to go and do business in Memphis, the town is very beautiful, has tons of...
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Is proof of funds required to simply submit offer? I've submitted two offers in the past and was never asked for it. I was told it would only be required if the offer is accepted and the bank/owner wanted to move for...
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My wife and I are purchasing a condo to use as an short term rental.we are using a heloc we had because the interest rate Is much lower than anything we could find today with a conventional loan. so we will be buying ...
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Currently me and a partner own and manage 12 units. We are looking to add more units and grow but are not sure exactly the best way to do this. I know we have access to capital using debt financing (~$100k or more @...
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Hello all,I'm active duty currently living in San Diego, CA with my husband. At the end of this year, we're planning on buying in either Denton or Plano (or Richardson) due to the location of UNT and University of Tex...
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Hi everyone!
When I’m underwriting a deal and there is a sale involved, there is no doubt that IRR is one of the best metrics to use and to give your potential investors. However, my model is to buy, refinance, and ...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Looking to relocate to Denver/Boulder in 3-5 years with my fiance by transitioning 100% from my W-2 to ful...
Hello,If I own a single family home for my own personal use with PITI = $3000 and if $1000 of PITIgoes into principal payment, is it safe to consider my effective monthly real estate expense is $2000 and the other $10...
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Hi bought a personal residence condo in 2009 for 480K in Southern California. The area has improved. It's been rented out the past 7 years, minus a 9 month personal-residence stint where I refi'd to a great rate (3.62...
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Zillow is showing a home in the neighborhood next to my primary residence (literally one tenth of a mile away) in "pre-foreclosure" status. It states the loan is in default and even gives the foreclosure attorney's na...