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16 May 2024 | 13 replies
Given the appreciation and my current equity position, I'm probably going to list and sell it this year so that I can pull the equity and roll it into something larger and/or multiple properties.
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20 May 2024 | 177 replies
I know some people who've done it.It's 100% passive, the checks roll in after month or two.Steady 5%-10% returns.
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16 May 2024 | 24 replies
As a new LLC owner, I'm wondering if I should go that route, or if there is a better way to go instead.Any input is appreciated as we're trying to get everything with the business setup and rolling as soon as we can.
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14 May 2024 | 7 replies
Make sure you don't go too fast and keep the proper reserves, but start to get that snowball rolling downhill rather than paying the first one off.Returns on real estate without leverage just aren't worth the hassle.
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16 May 2024 | 158 replies
It seems from my experience so far with most lenders ,they will roll back in depreciation expense to find loan eligible income but that is it.
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15 May 2024 | 12 replies
Using a “primary” to cheat code wealth creation through the live in flip or house hack approach is a great way to get started, but if you just buy a primary and finance the limit of what you get approved for, you will find that primary an anchor dramatically slowing your roll towards financial freedom.
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15 May 2024 | 35 replies
We will likely get a realtor in that case… I hope we can sell in time to get the energy efficient passive solar property we want/need, but I’d suppose it’s still possible if we get the ball rolling with a the local realtor soon.
13 May 2024 | 2 replies
Sometimes the lender will allow you to open a new HELOC and roll this balance into it.
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13 May 2024 | 4 replies
Also the tax amount on the tax rolls is not the tax you pay in the future, it is based on the new sale price and will increase according in due time.