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22 January 2025 | 11 replies
I am using the tax benefit along with the principal pay down and appreciation to offset.
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4 February 2025 | 7 replies
However, that was a fluke.Warranty companies are in the business of making money.
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22 January 2025 | 8 replies
Any tax pro who is familiar with REI will be able to help you.
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20 January 2025 | 1 reply
They never charged money, they loved people that love to learn and hustle.
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14 February 2025 | 6 replies
And a deal in my opinion is one that will 1. pay for itself(All property expenses) and 2. pay the debt service(if necessary) and 3. put money into my pocket each month.
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4 February 2025 | 7 replies
Also DSCR typically has pre payment penalty while hard money does not.
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12 February 2025 | 0 replies
Fortunately, we didn't lose money on this property but just broke even.
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21 February 2025 | 4 replies
They have to prove to any relatives and "legally" interested parties, (court, relative, creditors, etc) that all money was collected and all debts were paid.
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13 February 2025 | 10 replies
Again, the idea there is farmhands [in general and past] tend to not make lots of money.
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2 February 2025 | 0 replies
Purchase price: $240,000 Cash invested: $60,000 purchased this distressed duplex using owner financing for $240K and a $60K hard money loan for renovations.