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14 January 2025 | 2 replies
My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?
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28 January 2025 | 14 replies
They clearly had no intention of paying off the loan in October but sought instead to further reduce their loan balance during a time of the note holder's personal hardship.
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26 January 2025 | 17 replies
If you have a chunk of money to get going I'd personally buy the biggest thing you can if you don't I think house hacking into a 4 plex is great.
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21 January 2025 | 3 replies
As long as no “healthcare” services are provided (like medication or personal care), it’s not regulated by the Department of Health.
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17 January 2025 | 19 replies
These are usually from personal connections we have made through the years and the investors usually want proof of experience to participate in any deals.Can you recommend any lenders in particular for SBLOC product?
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21 January 2025 | 9 replies
Personally, I'd start looking in markets you're familiar with, similar to what you said in your post.
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22 January 2025 | 7 replies
This does not seem realistic to have a credit score of 580 if a person doesn’t even have a SSN.
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10 February 2025 | 9 replies
That person will be able to tell you what you can do and following that plan will give you peace of mind about your further investing strategy.
4 January 2025 | 5 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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19 January 2025 | 2 replies
., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.