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7 November 2024 | 1 reply
here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?
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16 November 2024 | 21 replies
Thanks for raising that Evan, it's interesting if true.
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14 November 2024 | 30 replies
I just recently listened to you BP episode.I have also actively been looking in the Flagstaff area with the Short Term Shop agent over there after talking to Avery, @Luke Carl.
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9 November 2024 | 6 replies
It’s true that it’s harder to find properties that will cash flow once you move out in higher cost of living areas, but overall returns make that a moot point in my opinion because appreciation is also much higher in these better locations.
8 November 2024 | 6 replies
That will set the price points you can shop at.
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7 November 2024 | 3 replies
Hey man, great report, however the numbers look a little too good to be true.
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11 November 2024 | 19 replies
If that's true, then once someone has the login they can use that login to buy movies, PPV, upgrade to 4k, NFL Ticket, etc...
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6 November 2024 | 7 replies
Would that be true if we made the new property in FL our primary?
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11 November 2024 | 12 replies
This is bogus if buyer and seller are independent parties (if the parties are associated then I understand setting true value) as there is usually a reason for the discount purchase (risk items like unpermitted work, crazy low rents in rent controlled area, hoarder, heavy need of rehab, etc).