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Hello investorsAnyone currently doing STR in downtown Miami and surrounding areas, STR condos? How is it going? Any recommendations? I see most of them having very high HOAs. If purchasing for STR and the exit strate...
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All things equal and assuming that other loan parameters like DTI/etc are met, does having a share-appreciation mortgage/home equity investment/reverse mortgage disqualify one from getting a refinance from a conformin...
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Hello BP Members,I’m under contract on a 3-unit property in downtown St. Augustine, FL. I’ll be living in one of the units and renting the other two but can’t decide if I should rent the other units short-term or long...
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... at closing or could the buyer simply bring the various checks from independent PML's?If they don't have to be there in person, how does the assigning of 1st, 2nd lien in case of default take place? Thanks much
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What are some key traits of a good property management firm? I already know I will want to outsource this aspect of my rental property business but haven't started vetting PM companies. For those of you have the exper...
Anyone else think we need a forum category for reviews? Reviewing things like turnkey operators, home inspectors, contractors, etc.I know we have turnkey-reviews.com, but it's hard to know who's posting the review. ...
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This quarter we are out in the market reviewing tapes, making offers, and generally working to add some additional NPNs to the portfolio. I recently submitted a bid on a FL note with an original balance of 49K which ...
Well, we got our first negative review after declining a person interested in housing. This person acknowledged that he had poor credit. After declining his application, he asked if we could bend the rules and spok...
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Hey! So I just closed on my first rental property and have it posted on Zillow, it is in a desirable area and I priced it competitively when directly comparing it to other listings. It has been listed on Zillow for 4 ...