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27 January 2025 | 23 replies
Especially paying MN taxes on NV tax free properties.
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20 January 2025 | 9 replies
There is so much free content out there that can teach you about guest services, software, vendor management, and so on.
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5 February 2025 | 54 replies
Best of luck, and feel free to connect if you have more questions.
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16 January 2025 | 2 replies
While other banks will allow 10 on credit and then allow you to switch to a DSCR or actual portfolio loan to free up credit.
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21 January 2025 | 13 replies
With substantial equity in your Fort Worth rental, a cash-out refinance could free up funds to purchase additional properties.
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15 January 2025 | 6 replies
Bridge Loan: A bridge loan could provide the $150,000 you need until your tenant-free property sells.
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18 January 2025 | 21 replies
Generally speaking, these are roughly $1500 / pier give or take depending on the crawl space height.If you need anything - feel free to reach out to me (contact info in bio).
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15 January 2025 | 11 replies
You can use it as a downpayment on a property over $450k and use leverage tax free.
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19 January 2025 | 9 replies
This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr.
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21 January 2025 | 8 replies
If you ever want to chat more about this... or if you're curious how these strategies play out in markets like Austin or Scottsdale... feel free to reach out.