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How to Buy a Multifamily Property in 10 Steps

The Close

Simply put, it’s a residential building with more than one unit designed to house multiple families. For example, you can get a Federal Housing Administration (FHA) loan and pay a smaller down payment if you purchase a triplex where you plan to live. That will get you more money to purchase and renovate a multifamily property.

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How to Buy Land in 8 Steps: A Guide for Investors

The Close

Zoning & Potential Zoning Issues Every piece of land has a zoning designation specifying how to use the property. Property Survey & Plat Maps Plat maps show all the land parcels with lot lines, measurements, zoning designations, topographic and geographic features, and what they are adjacent to.

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How to Buy an Abandoned House

Redfin

This could be a bank, a government entity, or the heirs of a deceased owner. You might buy through a foreclosure auction, a tax sale, or directly from a bank or government agency. Consider alternative financing , such as hard money loans, private loans, or cash.

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Hard Money Lenders Cincinnati: Alternative Financing Options

HomeLight

This is where hard money loans come in, offering a faster, more flexible solution than traditional lending options. Hard money loans are favored by Cincinnati investors who need quick access to capital. Interest rates for hard money loans are higher than conventional loans, reflecting the increased risk.

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Hard Money Lenders Tucson: The Right Move?

HomeLight

Whether you’re flipping houses in El Presidio or investing in rental properties in the Sam Hughes neighborhood, hard money loans might be the answer you’re seeking. These loans, known for their flexibility and speed, cater to various needs and can be a game-changer for Tucson investors.

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Hard Money Lenders Delaware: Quick Funding for Investments

HomeLight

This is where hard money loans come into play—offering a faster, more flexible solution than traditional lending options. Hard money loans are popular among Delaware investors who need quick access to capital. How does a hard money loan work?

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Hard Money Lenders Portland: Short-Term Loans for Real Estate

HomeLight

Instead of relying on traditional metrics, hard money lenders determine the loan amount based on the after-repair value (ARV) of a property. Because hard money loans carry more risk for lenders, they typically come with higher interest rates and fees. How does a hard money loan work?