You can buy a $650,000 house putting 3% down with an FHA loan. That’s $19,500. It’s not a small amount, but it’s also not $100k. If you’re thinking of buying a house, don’t wait to talk to a lender. Homeownership may be more attainable than you think. **Sign up for my FREE zoom Q&A on…
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Congrats to my buyer on winning this deal! We weren’t the top offer, but we were consistent and persistent and got everything in by the deadline. And it paid off! When we walked in we knew this was her house. We just had to trust we would get it. Is it normal to be nervous?…
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Congrats to my clients for closing on their first house hack in LA!! They found a single family home that had rental potential. When you live in a place and rent part of it out, this is called “house hacking.” 🏘 It helps pay the mortgage and lower your housing expenses. Housing tends to be…
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When investing in real estate, you’ll need a solid team. The key members are: Realtor Property manager Lender Contractor Interview many, and don’t be afraid to fire quickly if it’s not working. #realestate #FIRE #financialfreedom #financialindependence #passiveincome #investing #realtor #realtorsofinstagram #doesyourrealtorinvest? 😉
My first rental property was $46,000. I put $10,800 down. It rents for $850/mo + I set aside 5% of rents for down payment assistance if the tenant wants to buy the house. After all expenses I make $300/mo in cash flow. It seems small but that’s $3,600/yr of mostly passive income. Imagine what you…
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Oh man, what a week! I am so stoked for these buyers to open escrow. They have been wanting this for a LONG time. And then, when we started looking seriously, it happened FAST! Like, 1 week fast…. When it’s meant to happen, it does. I am so excited for these two to find a…
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Love this article about socially responsible development! “We call it ‘farming,’” said Keen. “A [big] developer comes in, hopes to be done in 12 to 16, 18 months, and then they’re gone onto the next project. They’ve made their margin. Whereas if you’re farming, you basically find a space, ideally a place that you live…
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Congrats to these buyers for opening escrow on a house hack in South LA! They happened to see this one while going to see another house…and loved it! At first we didn’t get it — we were beat out by an all cash investor. That’s okay… because with persistence and follow up, when that buyer…
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Wow, thank you for the kind words!! “This is a long overdue review for the most fabulous realtor I could have ever hoped for, Sammy Lyon! My partner and I were on the housing market in Los Angeles since November of 2020. Initially we were working with a realty agency in which we were passed…
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Thank you for the kind words!! “Sammy has been so helpful finding us a location for our shop, I can honestly say we could not have done it without him. As newcomers to the industry, many landlords were hesitant to rent to a couple without a famous brand or an existing location. One broker actually…
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