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Hey Everyone, My wife and I are currently getting ready to start looking at real estate investing. We live in Los Angeles county but buying anything here is crazy expensive and rent control limits any ability to profi...
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Can y'all tell me what the typical amount of cash reserves are needed to keep for random capital expenditures?
Is it based on gross rent?
I know older Units will require more yearly maintenance.
Is there a formula...
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Does anyone know (or have a rule of thumb) of the cost differential of closing cost between a cash buyer and a mortgage buyer for a personal residence?
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So I've been shopping around a bit but a lot of lender can't help with this one. I bought a duplex for cash in Binghamton New York over a year ago. Worth 80 to 90k right now. I want to do a cash out refi to fund my ne...
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I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...
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Is it a bad idea to use a personal line of credit to fund a down payment on a rental property ? I have very little cash on hand and I’m eager to get started on my first deal. I know not to rush into this thing or I mi...
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Hi
Is it unwise to force positive cash flow by putting in more down payment into a single family home that im thinking of buying?
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I'm interested in understanding from others what they consider an acceptable timeline for payback of an all cash rental purchase based strictly on the anticipated cash flow. Your opinions and feedback are appreciated...
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I'm just wondering if there is a general rule of thumb for the amount of time that has to go by before you can cash out refinance a conventional mortgage. I just closed on a property about a month ago and after some i...
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Sorry if this question has been asked or if it seem silly, but I read on the commercial real estate lending requirements and it seems lenders look at the investment return of the property itself to decide if they will...