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24 December 2024 | 6 replies
It could impact your home equity and financial security.For a safer and more specialized alternative, consider a Fix & Flip loan.
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25 December 2024 | 8 replies
This gives you a foothold in the market without overextending financially, and you can always explore other investments later.If you can find a multifamily property in Asheville, that’s an even better house hack.
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27 December 2024 | 4 replies
Unfortunately with those numbers it's tough to find a non-bank lender/financial institution that will lend.Usually loan minimums are $50K and the up to 75% LTV on purchase-money/70% LTV on cash-out refinancing, which basically means you need up 25-30% depending on the type of financing.
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26 December 2024 | 4 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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2 January 2025 | 53 replies
Was everything ok at the end or did it end you financially?
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23 December 2024 | 10 replies
Prioritize your financial stability.
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28 December 2024 | 11 replies
Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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26 December 2024 | 7 replies
These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.
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28 December 2024 | 13 replies
They appear to have run into liquidity and cash flow issues currently and worst of all have gone dark and not shared any of the requested financial information.
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23 December 2024 | 0 replies
The goal is to achieve and maintain financial freedom.