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17 May 2024 | 11 replies
@Estevan Benavides Lets say that ROI on a syndication deal does outpace the HELOC rate, my question is what do you prefer to go with since HELOC vs SDIRA are two very different tools when it comes pulling capital from.With HELOC, you borrow against your HELOC credit, pay the interest while you are in the syndication and eventually pay the borrowed amount back.
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18 May 2024 | 1 reply
Eventually, someone looks at the Move Out Documentation and decides the fate of a security deposit (again, with significant legal consequences) ...
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17 May 2024 | 8 replies
The rate buydown is simply a part of your closing costs, so if you work a 2% seller concession into your contract and want to consider that the 'seller-paid buydown' then that's up to you.o Rate floor: You are going to eventually hit a rate floor with any loan program, or a point where you cannot buy the rate down any further.
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17 May 2024 | 1 reply
As of right now my plan is just to learn as much as I can so then eventually I can start investing.
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20 May 2024 | 121 replies
The idea is getting it into the first page and eventually above the fold.
17 May 2024 | 3 replies
I just have 2 questions:1) How can he eventually retain the "15% withheld" funds from the escrow account?
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18 May 2024 | 10 replies
@Gregory CallowayPay the contractorOnce you try to save the few extra dollars by buying material , you’ll eventually pay more than initially quoted because of acting as the GC of the job site .
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17 May 2024 | 8 replies
Software does have its advantages but it does require some set up and its another thing to keep track of, if you scale then you will need it eventually and it might be worth getting it upfront.
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17 May 2024 | 14 replies
In the grand scheme of things, yes, you should eventually replace the windows so 1) They operate properly. 2) It doesn't turn away potential tenants or cause maintenance hassles when a new one moves in.3) Tenants have proper egress in case of an emergency (like fire).Now, windows are expensive, so you'll have to decide how much you're willing to spend, based on how much income the property is bringing in.
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17 May 2024 | 7 replies
Therefore, if your rental income doesn't keep up with inflation, you must consistently reduce your monthly expenses or return to work to compensate for decreased purchasing power to maintain your living standard.No matter how many properties you eventually own, unless rents outpace inflation, you can not achieve true financial freedom.Back to Your SituationYou stated, “I don't believe that the property will continue to appreciate or see the rent growth it has seen over the past few years.”