Purchase price: $211,000 Cash invested: $50,000 Purchased this house for $211k eight years ago.

Purchase price: $285,000 Cash invested: $33,500 In May 2024, I purchased this duplex as a house hack opportunity located in the heart of College Station.

Approval and Adjustment: If approved, the exemption reduces the assessed value of the property, thereby lowering the property taxes owed.Let’s break it down with an example:Suppose you purchased an investment property for $1,000,000, but its previous taxable value was $700,000.

Purchase price: $95,000 Cash invested: $30,000 Buy and Hold.

Made sure to check the ledger and T12 to ensure that the tenant was qualified correctly before purchasing the property.

- How long before you think you would be able to get your own loan and purchase the property in your names?

I’m considering purchasing this 4 plex. 2105 Colorado Ave.

Purchase price: $350,000 Cash invested: $11,500 With the proceeds of the sale of our first fixer upper we purchased this duplex which we moved into one unit and same month purchased another duplex in another town to BRRRR.

There are options to work with the title company after purchase (60 days) to buy it with conventional financing and then shift the property into an LLC with a quitclaim deed to get the same effect as purchasing with your LLC but you get the advantage of better rates with the conventional loan.

We have applied for a loan to purchase the new property with us putting the down payment down cash.