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13 November 2024 | 22 replies
There is more to the formula on how much you can bring in, assuming you're self-employed.If you're an S-Corp, you can do the 23k as an employEE, then an additional 25% of your salary on top of that, with a maximum of $69k total.
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11 November 2024 | 0 replies
The outcome is a positive experience, with a learning curve managing a Section 8 voucher program home.
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4 November 2024 | 26 replies
Say I have a first position performing note, what is a typical discount I should expect to give when selling?
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14 November 2024 | 25 replies
If it's empty one month you loose a whole year of positive cash flow.
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12 November 2024 | 18 replies
Your sitting at about 40% equity position.
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14 November 2024 | 22 replies
The positive for you is that we hit the ceiling in mortgage rates at the end of last October, with them being down about 2% since that time.
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14 November 2024 | 40 replies
prices are high, interest rates are high, there is tremendous demand for inventory by both retail / primary buyers and investors, good contractors are booked up, some materials are still expensive. ' can't we just be honest that (1) if you are in a strong financial position, then yes, RE is still a good investment and ALSO (2) it's way more difficult than it was in 2016?
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11 November 2024 | 3 replies
That will put you in a strong position when you start investing in real estate.Using this time to learn and prepare is a smart move.
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11 November 2024 | 0 replies
However, investing in Opportunity Zones also allows you to have a positive impact on the community.
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7 November 2024 | 1 reply
here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?