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11 December 2024 | 6 replies
If you have not put them into service yet then you may want to hurry up and do that otherwise you’ll have to wait until next year.
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18 December 2024 | 26 replies
Those are all good resources you mentioned.
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12 December 2024 | 3 replies
Wait a couple of years and use your investment knowledge/experience along with your equity to invest in other properties i.e. those located in less expensive markets.All the best!
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10 December 2024 | 17 replies
Now there was no mention of the engineered plans requirement for the 12+ requirement to my recollection, so I do call foul there.
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14 December 2024 | 6 replies
Hi Nick, as mentioned before if you put a greater deposit down, you could get a better rate as a result.
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14 December 2024 | 2 replies
Your second question is in line with what I mentioned above you need to test, test, and continue to test.
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11 December 2024 | 11 replies
If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.
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12 December 2024 | 3 replies
If we are talking rental properties, then I completely agree with B, C, and D that he mentions.
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17 December 2024 | 16 replies
What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw).
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12 December 2024 | 9 replies
However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?