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29 January 2025 | 31 replies
I believe they are recouping costs associated with loans they don't close.
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16 January 2025 | 17 replies
Once it's rented, use that rental income to help offset your DTI, which may help you qualify for the second property sooner.Partner with Investors: Team up with someone to split costs and lower your personal DTI impact.
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25 January 2025 | 17 replies
It is our goal to deliver all of this in the RTR Academy along with a plethora of benefits to students to include:-VIP access to RTR inventory before the general public-ability to earn back course fees through investing & our attractive referral program-tax, legal & investing advice from our team of attorney, CPAs & investment advisors-no cost SDIRA or solo 401(k) account to invest through retirement vehicles -lifetime membership with no ongoing or additional fees, etc.!
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9 January 2025 | 28 replies
However, the road block I face is getting to a point where I think it’s an “ok” deal (meaning it’s not fulfilling the 1% rule, but more like 0.75% and little to no immediate renovation cost/typically a new build townhome) and then I start to question whether I could find a BETTER deal if I just keep looking.
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4 January 2025 | 14 replies
The question to ask is: Is my housing cost better by househacking vs renting.
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8 January 2025 | 7 replies
I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.I'll also throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).
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10 January 2025 | 6 replies
Do you mind expanding on how you attained closing cost and down payment?
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20 January 2025 | 37 replies
Be focused more on systems; i.e, are we saving enough money to invest by not indulging in other areas and prioritizing the right specific things, is the cost of this pursuit worth what you're sacrificing, if we keep $X set aside everything else above $X should be invested here in the short-term and this in the long-term.
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12 January 2025 | 185 replies
Just kidding (sort of).A lawsuit will cost you $25,000 to $125,000 and a year and a half of your life.
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10 January 2025 | 2 replies
Partner with a Real Estate Tax SpecialistThe tax code is complex, and mistakes can be costly.