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Results (5,527+)
Jerry Poon Financial Independence Lifestyle: Before and After
25 January 2017 | 97 replies
How I like to view things is from the different levels of financial independence:- cash to cover spartan level expenses  like some have mentioned or just bare sustenance  (food, shelter, medical insurance)- cash flow to cover all basic bills (prior plus utilities, cell bills, others)- cash flow to all basis lifestyle and min reserve tucked away as well each month (min reserve, subsequent levels can bank more reserves)- cash flow to cover all basic, additional reserves and growth of future lifestyle increases- cash flow to cover additional lifestyle, reserves, and additional margin to grow other areas of life style, hobbies, and investments well (self funding deals, self fund rehabs, and other activities)At the last level and subsequent higher levels from here and on you can self fund from cash flow alone and "job," not is never needed again but depending on your personal preferences for lifestyle and risk you may work forever to stay busy or may quit the job at steps 2-3.I enjoy what I do as a lender so perhaps I just lower my production down to 2-4 loans a month and just help my past clients and referral partners.
Toby Jurging 15 Year Plan for Retirement: Question
30 April 2019 | 5 replies
Goal is positive cash flow, recycle initial investment into subsequent purchases7.  
Martinis Jackson Creative Financing for Purchasing a Portfolio of SFHs
24 December 2018 | 4 replies
They have a certain amount of down-payment required (20% for the first 1-4 and 25% for subsequent purchases).  
Jacob Hince Terribly Low VA Appraisal VS. Independent Appraisal
28 August 2019 | 13 replies
From your subsequent posts, I'm going to say you should just put it back on the market.
Bobby Nilsen VA Loan for Multi Family
8 March 2017 | 8 replies
Thanks in advance.Warm Regards,Bobby The loan limit in Santa Clara would be 636,150 (new updated limit from prior of 625,500) as of Jan 1st 2017 and like you referenced you can bring in 25% of the difference up to your sales price above the 636,150.The nice thing with VA financing is that you will not have to adhere to the self sufficiency rule imposed by FHA which pretty much takes all 3-4 unit loans off the table in high cost markets like yours (could work in Tulare, modesto, some parts of sacramento, bakersfield, etc in CA).If its your first use its 2.15% upfront VAFF - VA funding fee or up to 3.30% for subsequent use of the VA program (this can be lowered by putting 5% down to get it down to 1.50% or 10% to get it to down to 1.25%).
Shawn M. Buying from online auction site HUBZU
25 April 2018 | 125 replies
It does take a lot of back n forth as they only usually come down about 1500 off list price then 500-1000 after each subsequent counter offer you put in.
Jay M. Anyone out there have experience with ABC Capital Investments in Philadelphia, PA for turnkey properties?
30 November 2022 | 181 replies
Subsequent to your purchase the property was robbed and all the stainless steel appliances and hot water heater and HVAC systems were stolen.
Nate S. 1031 Properties
20 November 2015 | 19 replies
Investors can sell rental or investment real property and then 1031 Exchange into an interest in an upREIT, which is also referred to as a 1031/721 Exchange or a 1031 Exchange followed by a 721 Contribution.UPREITs are generally structured as a two step process using a combination of a 1031 Exchange and then subsequently a 721 Contribution.
NA NA WARNING: Harbor Funding Group
6 November 2017 | 198 replies
He subsequently passed away before any trials could take place.I personally bought about 12 GO Zone houses in Madison MS.. and they worked perfectly but I did not go in with anybody I just bought them one off in my name...
Account Closed Operating multiple LLCs
25 September 2013 | 15 replies
If, subsequently to setting up my series LLC, I buy another property, I simply add a fourth series (i.e., 789 Main Street, LLC, an individual series of Clark Holdings, LLC, a Texas limited liability company).