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4 January 2025 | 14 replies
If you can save up for a slightly higher down payment your margin for success will be significantly higher.Also, I strongly agree with the "buy the worst in a great neighborhood, live in the worst unit of the triplex and slowly fix it up yourself."
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5 January 2025 | 12 replies
This implies paying down is saving 6%.
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30 December 2024 | 5 replies
This is a great savings.
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4 January 2025 | 18 replies
Yes because lot of time and energy save we hire team for fast work.
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3 January 2025 | 19 replies
@Robert Rixer so you would suggest saving up enough cash to buy as an investor for my next property?
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31 December 2024 | 1 reply
If you can save money and renovate and the ARV allows you to pull your intial capital out sooner, I say go for it!
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9 January 2025 | 9 replies
I'm an investor and a licensed mortgage broker who has done fix and flips both using my home's equity and borrowing against the investment property.If you (1) have enough equity in your home to fully fund the deals, (2) don't mind tying that equity up for these deals vs saving it for a rainy day and (3) are ok linking the place you sleep with the success of the flips, this could make sense.We offer a ton of different fix and flip programs including putting 10% down on the purchase price and funding 100% of the rehab.
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3 January 2025 | 4 replies
My ultimate goal is to save up enough money to invest in a fix and flip property(which my family has been doing for a while) and live in it, until I rent it out and use the equity for another home.For any real estate agents or professionals in general, how do you find consistant deals?
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29 December 2024 | 1 reply
Required distributions from qualified retirement plans.This is controlled by Section 401.
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2 January 2025 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.