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19 July 2024 | 11 replies
@Anthony DelVecchioTo house hack a property, rent it out after the first year, obtain another FHA loan if necessary, refinance the FHA loan into a conventional loan, use a conventional loan for subsequent properties, and repeat the process to acquire additional properties, diversify financing methods, consider different property types, leverage equity, and network with real estate professionals.Good luck!
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19 July 2024 | 14 replies
I am paying them 500 a month untill i pay them off. 2 years max.that is why i am looking at refinacingYou can look into a creative method called Gift of Equity.
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22 July 2024 | 82 replies
Quote from @Dahae Yi: Installment method?
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22 July 2024 | 71 replies
I'm always trying to create content that will help people make more money, and start driving towards their soul purpose.Thanks for taking the time to read this and to share your thoughts.I believe People With Financial Intelligence Can Change The World For The Better".Exposure to the financial tools / methods to achieving that financial freedom.
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18 July 2024 | 20 replies
Assuming you are keeping them, you'll want to familiarize yourself with the BRRR method--both in terms of concept and actual tips and traps.
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20 July 2024 | 59 replies
It can come from cash, or (my pref) a LOC (not tied to the property).The alternative is a proactive method (my pref).Let's say you have roof that needs to be replaced within the next 5 years.
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17 July 2024 | 15 replies
I say the better market is the one you can understand the fastest and get to the easiest.
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17 July 2024 | 9 replies
My buyers were sophisticated entities that would lawyer up to stall a foreclosure, but not sophisticated enough to challenge the conveyance method ironically.
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17 July 2024 | 8 replies
The other bedroom has two openings that make it a bit awkward as well.Options I am thinking of1) Thick curtains/drapes: easiest to install, provides some privacy.
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17 July 2024 | 18 replies
The easiest way to have a quick turnaround is to find a wholetail deal....a deal that you get off the market and then put back on the MLS to sell at market rate....maybe all you did was clean up and paint.Here in Chicago, all deals are hard to come by right now...what city are you in?