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So I get the process of BRRRR. My question is in the actual refinance portion. When you refinance a home at 70%-ish LTV of ARV after repairs/updates and its rented does the lender just give you cash in the form of a...
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New Texas Excess Proceeds law introduced - What is your take on this ?How do you think this will affect previous owners and investors that their primary investing strategy is helping previous owner collect the excess ...
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A few months back, I wrote about my success with taking a tenant to small claims court and winning a judgment of about $6,000. But we all know it's not whether you win or lose in small claims court, it's whether you ...
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Hi, I am new to this forum, and new to real estate investing. I started out investing in real estate without knowing much about it in 2005 which is the peak of the market, and now found myself in a bit of trouble beca...
When working with hard money lenders, be sure you are able to quickly summarize your loan request. Don’t go into too much detail or explanation until the lender has decided to move forward in the process with your loa...
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Anyone got ANY TIPS AT ALL to minimize wasting time with UNQUALIFIED and/or UNSERIOUS tire-kicker buyers that call you? (This is when working with retail / market-price house-buyers who need to qualify for a bank loan...
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Hi, newbie here. Still trying to wrap my head around the refinance part of the BRRRR process. What’s in it for a lender to offer me an LTV loan? When are lenders more likely to offer LTV loans, market wise, and based...
I have a pair of duplexes. In Pennsylvania if that matters. One causes no problems. In the other, the downstairs guy is shaky but at least he tries to keep his rent paid. The upstairs guy, who I'll refer to as "Uu...
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I purchased my first duplex a month ago with the intention of owner occupying the back unit while I fix it up and eventually rent it out. It is located in Gardena, CA which is in a non rent control part of Los Angeles...
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I potentially will be receiving a decent amount of money and I plan to use it to start investing in rentals. My question is, should I pay cash if I can. This will let me lower my mortgage expense allowing me to maximi...