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Investing in rental properties can be a great way to build wealth and generate passive income. However, for out-of-state investors, the process can be daunting. There are a lot of factors to consider, from finding the...
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Hello,
i am applying for a construction loan and it doesnt add up for me.
Background: On August 15, 2016 I bought two lots for $5k each. Each lots are 1/4 an acre with stubbed out city water/sewer, gas, and high sp...
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How can I estimate what my closing costs are going to be? What factors should I consider when analyzing a deal and estimating closing costs? Any guidance is greatly appreciated.
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This is a 3 bedroom 2 bath house 15 minutes from my house and in a C+ neighborhood. It's currently rented for $925 and I'd keep them in place. The financing is $59,000 for 20 years, the escrowed payments are $660, tha...
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So I was wondering what the reasoning was behind such a high interest rate on condos? 10% is super high. Anyone have any insight?
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Iv made maybe around 40 offers in my long distance market and only 1 under contract which I had to back out of. The contingencies I include are these 4 things;-10 days inspection period -appraisal -Financing-seller...
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When syndicating a deal, a good CoC return is considered to be greater than 10%. Are fellow syndicators aiming to achieve this as an average over the life of the deal or from day one of the deal?For example: The busin...
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I know this is a very basic question, but I've read quite bit about real estate investing and taxes at this point and haven't seen it clearly stated. Since the LLC is a passthrough entity, do the business expenses (pl...
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Successfully cashing out refinance a 26-unit multifamily apartment complex requires careful planning and execution. Here are the essential steps to guide you through the process:
1. Property Assessment: Begin by eval...