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8 January 2025 | 9 replies
Leveraging a HELOC (home equity line of credit) could allow you to invest in multifamily without completely draining your savings.
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2 January 2025 | 18 replies
The only example I can think of is that I asked an applicant questions about their credit report.
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30 December 2024 | 1 reply
Right now, land (unless in a hot market) takes a special type of buyer/developer to turn it into money, so you're better off finding the thing the people with the money want. land tends to sit a long time...
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30 December 2024 | 3 replies
Many warranties cover single-family homes or duplexes, but for multifamily properties, you might need a specialized policy.
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7 January 2025 | 16 replies
We consider background checks and credit checks only good for 60 days.
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2 January 2025 | 11 replies
I know a friend who is an attorney, although they don’t specialize in housing law.
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5 January 2025 | 7 replies
But I'm guessing maybe your credit is too low for that?
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30 December 2024 | 3 replies
In my experience, a property with multiple cottages and outbuildings can provide all kinds of creative strategies...some folks try short-term rentals or even specialized retreats if local regulations allow.
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2 January 2025 | 8 replies
Quote from @Charles Fay: Hello all, first time posting and wanted to ask for your advice.currently in the military awaiting a 9-12 deployment within the next 6 months.I will have ~150k savings after deployment, 85k before, with no debt, payments or anything other than basic bills, 750+ credit.
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2 January 2025 | 14 replies
A good tax 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 business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.