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9 August 2024 | 7 replies
The other suggestion would be to pull cash out of another property if you have equity primary home or other.
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10 August 2024 | 2 replies
Its a great tactic, which has not been as effective over the past 24 months due to the rise in interest rates but we still have had some success with it for borrowers who had high rates already but are looking to lower payments possibly or pull additional equity.
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8 August 2024 | 12 replies
I'd like to refinance into a DSCR loan and pull $35k cash out to payoff a HELOC that I used as down payment.
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9 August 2024 | 39 replies
I never plan on selling them.They generate tax free income because these are in a ROTH, the taxes I would have paid in this income vs the tax write offs are severely in my favor.I can pull monthly tax free money out of this account, never run out of money as I can pull thousands of dollars in just incoming rent out.
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8 August 2024 | 5 replies
You don't have to have hard pulls on your credit, which allows you to do more loans. 2.
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9 August 2024 | 4 replies
If you do not own a primary home its easier because you can claim any 2-4 unit as primary and only have to put down 3.5% for FHA, 5% for Fannie Mae or No money down 100% of you are a Military Veteran.Live in the home for 12 months refinance pull some cash out and move on to the next property to buy.
9 August 2024 | 7 replies
If the contractor is licensed, it might be easier to contact the Nevada contractors board and see if they'll fine the contractor or pull their license unless they compensate you.
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8 August 2024 | 2 replies
From a bookkeeping standpoint, this makes everything a lot easier as long as each financial account is used the way it is supposed to be used (no commingling).I would just caution you to think about the functionality of that structure within your day-to-day business operations before pulling the trigger on it.Make sure you're keeping things as simple and efficient as possible.
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11 August 2024 | 49 replies
So regardless of how ridiculous it is in your mind that I believe prices could drop by 40%, please, step off that horse, place your ego on the special shelf for special things, pull out your 'crayola font' for this one and explain as if you were explaining to a '3rd grader'.'
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7 August 2024 | 15 replies
I would like to pull the equity so I can continue building my portfolio.