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Results (10,000+)
David Maldonado Home purchase loan and Home style for ADU build
4 July 2024 | 9 replies
The loan programs you are reading about are PURCHASE loans with 10% down not refinance ones which reduces the loan to value even further down. 
Nick Johnson Apartment Insurance - Recommendations
4 July 2024 | 2 replies
It’s also prudent to review and update your properties' safety measures, such as installing fire alarms and security systems, as these can sometimes help reduce insurance costs.
Kyle Z. Mortgage at 7% interest rate for investment property; pay down earlier?
4 July 2024 | 11 replies
It's true you get a tax deduction for your mortgage, but you also pay taxes on whatever else you decide to do with that money.I would list all of your known investment opportunities, what you think the after tax returns would be, and a risk level 1-5.If paying the mortgage is a clear standout on that list on a risk/reward basis, I would spread out the $60k over a period of time and apply it to principal.You might have other goals like cashflow or reducing risk which might weight towards paydown also.
Owen Farmer Spec Home Construction (Starter Homes) - Margins?
3 July 2024 | 6 replies
They both took a month to sell, sold for WAY below initial asking price (we had to price-reduce, which we had never had to do before).
Corey Byrum Finance and Renovate Investment Property
3 July 2024 | 3 replies
Hey Corey,Here are some pros and cons of your optionsSeller Financing + Separate Renovation LoanPros:Low Down Payment & Interest Rate: This could significantly reduce your initial cash outlay and make monthly payments more manageable.Cons:Financing Rehab: You might consider a personal loan or a home equity line of credit (HELOC), though these often come with higher interest rates.
Julio Gonzalez How cost segregation is beneficial without REPS status
3 July 2024 | 2 replies
By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.
Tony Nuttall Section 8 leasing
3 July 2024 | 1 reply
A number of landlords have also expressed difficulties with the program's bureaucracy and administrative procedures.As with any other application, it's imperative to thoroughly screen Section 8 tenants in order to reduce dangers.
Nadia Daggett Buy in a buyers market or wait for interest rates to go down and prices to go up?
3 July 2024 | 24 replies
Plus, insurance premiums are expected to go down by up to 50% due to the El Niño effect, which means fewer hurricanes are expected to hit Central Florida, and new legislation reducing fraud provides another great advantage.
Agustin Conti Tenant asking to fix things and get a cut on rent
3 July 2024 | 14 replies
They may suggest staining it or just cleaning it and leaving it.Generally speaking, it is not a great idea to get a tenant to do things especially if they ask you for reduced rent to do it. 
Jessenia Hartage Is investing in NYC a bad idea
3 July 2024 | 55 replies
Since you are a queens agent, honestly speaking what challenges are you finding investors facing when renting their property in those area and what system can they put in place to reduce those challenges?