
15 November 2024 | 18 replies
I agree with the posts above, save money and make yourself someone people want to lend to. 35% equity with no money in your pocket isn't a good deal for a lender. 35% equity on top of a 25% down payment with 6 mo of reserves in your pocket is probably a much better deal for a lender.

17 November 2024 | 7 replies
The expertise I have given has saved people hundreds of thousands of dollars.

15 November 2024 | 6 replies
Then, you need to keep managing your payments to actually have savings to make it worth while.

16 November 2024 | 14 replies
So in that time I should have around $25-30k in pure profit saved up in rents.Once I have finished the rehab and stabilized the property I plan to either sell or refinance within the year.

16 November 2024 | 2 replies
The ability to do what you want, when you want, and have money coming in to support that.Things to work on: savings, credit, going to local real estate meetups, listening to podcasts, reading books.

15 November 2024 | 3 replies
It’s an investment that will likely pay off in terms of durability, maintenance savings, and overall property value over time.

14 November 2024 | 30 replies
Using a HELOC for the down payment is feasible if you have a plan to repay it with bonus payments and tax savings.

15 November 2024 | 11 replies
It is possible as@Ashish Acharya said that you might still have some tax savings from the one purchase as a partial exchange.

15 November 2024 | 5 replies
This will save you on subscription costs.If you want to discuss any of this further, I'm happy to answer questions and help walk you through it.Best of luck!

14 November 2024 | 9 replies
@Kristee BadetHouse hacking involves living in a multi-unit property and renting out others, potentially offsetting mortgage costs and allowing savings for a personal home.