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24 January 2025 | 3 replies
funds only go into interpleader after months of sitting in escrow. the court just does not hand the money to the seller either.. if not agreed upon the funds go to the state etc.
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6 February 2025 | 16 replies
The only item I would suggest is double check the payment terms of the your HELOC... in particular, can you pay interest only or are you required to pay a portion of principle each month on the amount utilized.
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23 January 2025 | 5 replies
The typical income from a free and clear rental would probably be $800-1500/month - and on a financed rental probably $300/month on a good day in today’s market.
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20 February 2025 | 11 replies
•Beyond that, flood insurance adds to a buyer’s monthly expenses, which can affect their debt-to-income (DTI) ratio and reduce their overall purchasing power.
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24 January 2025 | 36 replies
I ended up signing with them as well - 3 months in to the lease so far and it's going well.
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27 January 2025 | 2 replies
I have learned to color code (highlighter) and plan the month/year or week ahead.
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30 January 2025 | 6 replies
We just purchased our first fix and flip, we used a hard money loan, interest is high but when you're in the property for 6 months or less it seemed doable to us.
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4 February 2025 | 4 replies
Some special assessments are already board-approved for 2025 and 2026 to help raise capital for such items, however I know when the time comes there will be a loan which likely demands a higher monthly payment for owners -- reducing my cashflow. - Based on sale of other units in the complex, I believe my current equity to be roughly $160,000, a little more than 50% equity. - The condo is currently leased through April 30, 2025. - August 2025 will be 3 years since I moved out.
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25 January 2025 | 15 replies
I had one short term rental that was granted a permit earlier this year and I have been operating it for months now as an STR.
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21 January 2025 | 59 replies
Especially if it’s less than $1,000/months per property.