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Get asked about this a lot so figured I'd share. Every HML will work somewhat differently but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION ...
Hello Everyone,1st Question:I'd like to see if anyone in the nearby Atlanta area has contacts for high-quality subs, contractors, wholesalers, PMs, etc?2nd Question:I'm waiting to close on my first new construction pr...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $180,000
Cash invested: $55,000
This is our first Short-Term Rental out of the 3 total we need to be financially fr...
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I have stated on BP many times that we do not work with Airbnb, and my stance is further confirmed by my latest experience with the company:
In April, we took over management of a large cabin near Gatlinburg that was...
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I want to get more into flipping houses. I have a decent understanding of the money side. What I lack is Handy skillsWhere should I start when developing my Handy skills that would best enhance my flipping abilities?
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I'm looking to buy a property as a buy and hold rental unit, the numbers look good but there is one big potential problem. the current tenant is 80 years old. what happens if she dies in there? should I be concerned w...
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We have tenants moving out this weekend. They have been a nightmare, always paid late and have cost us a ton of money by flushing wipes down the toilet. We are going to sell the property once they move out. The hou...
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I recently, (July 14th) purchased a 4 family home on the south side of saint louis, it was relitevily cheap and seemed like a definite buy, I am pretty inexperieced as this is my first home purchase.The closing took a...
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Hi - I run a property management company in Denver, Colorado. I had wanted to share the success of our relationship with a new investor we started working with this summer, but it turns out she's better with words tha...
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What is the order of events that I have to do as a flipper with the participation of wholesaler and hard money lender? And is what I wrote down below right or not?
1. Get Pre-Approval from Hard Money Lender.
2. Fi...