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27 January 2025 | 12 replies
And it often works because they are often working such long hours they are almost never home.
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6 February 2025 | 9 replies
You could potentially put as little as 3% down if it's a single family home and 5% down for 2-4 units.
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27 January 2025 | 10 replies
I know they would be worse off refinancing at today’s rates even if they could find an alternative lender able to lend on older mobile homes.
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10 January 2025 | 3 replies
Any tips/tricks would be greatly appreciated.
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6 January 2025 | 2 replies
I would like to rent my house to a Group Home.
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29 January 2025 | 6 replies
Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).
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9 January 2025 | 7 replies
Any help or tips/tricks would be greatly appreciated.Thanks!
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8 February 2025 | 8 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.