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What’s a rule of thumb for Utilities (Water and Sewage, Electric, Gas) per door number? If there is a such a rule? I’m aware of the RUBS system. If you don’t have the historical from last year, can we use a number per...
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Hi BP,I have two main questions:1.) Can you "shop" for HELOC's in the same way that you would shop for an auto loan?2.) If you can shop, what questions or tips will get you the best results?A little more info:The HELO...
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Hi guys, I am new investor that has been following Bigger Pockets and everyone that is talking real estate investing for the past 2 years. With that said, just this past May 2022 I have finally closed on my first ren...
I have been trying to find a property that cash flows. The market that I am looking at has an average price of $360,000 with an average rent of $2,200 which does not have a very good rent to house price ratio (2% rule...
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As a realtor specializing in investor friendly and often short term eligible properties, I can attest to the increasing difficulty with determining the eligibility and feasibility of permittable short term rental coas...
Hello all, My parents own a home in New Richmond Ohio (in town) and owe almost 90,000 dollars on the mortgage after multiple cash out refinancing. What advice can I give them? The market there is red hot and I want to...
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hello. im ready to buy my first property to flip. i have many questions but this one first. when i buy a house, how much down payment i have to put down, and how soon can i sell the house? thank you for any help.locat...
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Good day everyone.So am trying to decide whether to get a Heloc or a refinance. Credit score is lowest 763. Averaging 779 amongst the 3 reporting agencies.Present mortgage rate of 4.75%HELOC would be 5.25%Refinance 3....
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Last week I started an application for a HELOC on my primary residence in metro Atlanta, figuring I was going to have to have cash to compete for the better deals in my investing area. The next day I found out a sell...
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Hey all, happy Friday! I was approved for a non term HELOC loan for 100k at 7.5% variable rate. Looking to start my first short term rental in the Saint Augustine/butler beach/crescent beach area. For those of you who...