
18 November 2024 | 13 replies
I would use money from a HELOC that I have open to fund the down payment, but as @Scott Trench stated recently on the podcast, that is a short term solution, and I don't want to hold that $48k debt for more than a few months.

14 November 2024 | 25 replies
Everyone goes to Google to find a solution to their problem.

18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”

9 November 2024 | 2 replies
We're looking to build partnerships that would allow many of the potential customers that reach out to us a route towards financing these.

20 November 2024 | 12 replies
Between losing the Homestead deduction (+$700/yr in property tax) and a negative cash flow, I don't see a solution.

17 November 2024 | 18 replies
Be great to send you my customers looking for a new home I work with a lot of investors Nationwide.

16 November 2024 | 6 replies
It appears to be a good solution, but I wanted to see if anyone else is doing something like this.
21 November 2024 | 24 replies
At some point bank has to know their customer and will ask why I get all these $50,000 checks, but no spend.

16 November 2024 | 24 replies
I learned how to fix mine after searching for a solution, getting two different attorneys, but none could help so I figured it out.

17 November 2024 | 2 replies
First and foremost I have tried the typical solution of friends and family.