Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
There are some benefits to having an LLC on reduced liability, but there are more expenses.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
That 18% premium reduces the cap rate quite a bit.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Wholesalers might avoid licensing to reduce perceived risk, though this is a double-edged sword since wholesaling has its own legal pitfalls.5.
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
For every day after the 30-days, the permit fee is reduced by 10% of the permit fee.
Evan Haas
New to the forum, hoping to get started with a multi-family
16 January 2025 | 11 replies
Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Purchase price: $715,000 Cash invested: $297,000 Current Listed Price: $830,000Original Listed Price: $950,000 (4/13/2024)It has been reduced $120,000 in the las 6 months and hasn’t sold.
Vivien Martin
New member from the Chicago area!
18 January 2025 | 17 replies
This reduces your housing payment and helps you build equity.
Dylan Gomez
Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
Additionally, timing the sale in a lower-income year or exploring potential deductions could further reduce your tax liability.
Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.