1 October 2024 | 10 replies
That being said, you definitely want to reduce your lifestyle at the moment and use all your income to attack the debt.
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3 October 2024 | 9 replies
However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates into 2025).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
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30 September 2024 | 4 replies
They also reduce even further during the holidays.
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3 October 2024 | 14 replies
However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates into 2025).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
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30 September 2024 | 0 replies
I am hoping to roll these two into one loan and reduce my monthly payment/ interest rate on the HELOC as I will be having the debt long term.I also currently own a 11 spot RV Park which I own all 11 units and is currently generating $10,375/month in rent.
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2 October 2024 | 11 replies
Discussing a shorter PPP or reducing it through rate adjustments is possible.
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30 September 2024 | 5 replies
However, if your startup costs exceed $50,000, the $5,000 deduction is reduced dollar-for-dollar by the amount exceeding $50,000.
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1 October 2024 | 8 replies
Reduce expenses.
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30 September 2024 | 12 replies
I know the house needs alot of work, so I was hoping to make a rehab budget and then develop a rehab cost number which I will use to develop a bid to see if I can get the house at a reduced price since it needs work.
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1 October 2024 | 6 replies
Down PaymentTypical Down Payment: 10% is a common down payment for seller financing, though you can set this anywhere between 5% and 20%, depending on the buyer's creditworthiness and how much risk you want to take on.Advantages of a Higher Down Payment: The more a buyer puts down, the more equity they have in the property, which can reduce your risk of default.