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Hi there!Im looking to purchase a 4-5 plex in Orlando market, FL but these seem quite rare in finding and those that do exist are not properties i like (too much work to reno vrs the purchase price) or in not so great...
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I have never seriously looked into building multi-family homes or apartments but I know several people who have and do very well. Does anyone have a solid opinion on this one way or the other?Thanks!!
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I'm working on a deal, have contractors labor cost but I need the material cost. Does anyone have a list of cost per project including material?
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Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange. Can you shortly thereafter do a cash out refi, take that 80K in cash without owing tax on it? I may be in a situation soon ...
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So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
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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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1) In the real world can I buy a REO with the strict VA LOAN requirements 2) What do i need to do find REO's that will pass VA Minimum Property Requirements ( MPR )3) What steps do i need to do to ensure I do not end...
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I am looking for a little advice on what I can do to both profit and protect myself in a couple different situations. I have a co-worker who is finding properties to rehab. He has found a number of them, but has bee...
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Hello,I'm gearing towards making my first deal for buy and hold and I have come up with two different approaches to make this happen in my market, Los Angeles area.Scenario 1) Buying a fourplex with a 203k Loan lockin...
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Hello all,
As my girlfriend and I look to purchase our first househack, we are curious about the pros and cons of using savings/business credit for rehab costs vs. folding costs into the mortgage with a 203K loan.
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