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23 March 2020 | 15 replies
In my opinion, I would recommend looking at 3+ unit properties for several reasons:* Higher Cashflow * Covers more or all of your expenses while you are an occupant* Easier to manage as you will have multiple units under one roof rather than having multiple SFRs or duplexesCT is expensive but there are many good deals out there.
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22 March 2020 | 2 replies
I would do as much as you can in the 203k bc interest rates are low and your tenant(s) will be paying some or all of the mortgage for you.
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5 April 2020 | 7 replies
Is there existing utilities or all new?
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23 March 2020 | 2 replies
I'm protecting myself and my partner (the back).But... if you are still in short term money or all in cash... this is the time to get out.
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22 March 2020 | 4 replies
Waiving part or all of April's rent for those who have lost their jobs or loss of hours.3.
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13 April 2020 | 2 replies
But if it is a shared cost say you purchase a bulk item like a case of caulking or a tool that will be used on both or all properties, how are you all adding that into your cost?
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23 March 2020 | 2 replies
@Jacob SampsonYes you can use an LOC to fund a Roth IRA as long as you have earned income-either monthly or all at once.
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17 April 2020 | 22 replies
Buy a house, rent the extra rooms, have your rent (mostly or all the way) paid for by roommates.
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12 April 2020 | 8 replies
Also called an AITD or All Inclusive Trust Deed; the buyer is using the "wrap" loan to make payments to the seller, who in turn continues paying on his original loan while deeding the property to the buyer; the original lender must agree to waive the "due on sale" provision in the original loan; can be an alternative when seller financing won't work because of the seller's loan on the property; original lender may grant permission for a "wrap" to be created; the buyer may qualify to assume the original loan; getting permission to "wrap" from lenders is not easy; there is a temptation for buyers and sellers to create undisclosed wrap agreements; lenders may commission ongoing research of title records looking for undisclosed liens; if discovered, the original lender can foreclose on the seller and the buyer would lose everything, including their down payment.
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9 May 2020 | 5 replies
Also, for houses on piers or a crawl space with a block perimeter, each cavity in the block is drilled (usually from the inside of the crawl space) and solution injected into those holes.