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23 August 2024 | 7 replies
You are correct, if you get into a house hack with a low down payment (3.5-5%) it is unlikely that you'll be able to refi the following year and pull out cash for another property.
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22 August 2024 | 5 replies
You may be a little gun shy of value adds after losing money on one, but they can provide a good return when done correctly.
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22 August 2024 | 5 replies
Consulting with a tax professional who understands 1031 exchanges is a good idea to ensure everything is handled correctly.
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22 August 2024 | 8 replies
Working with your estate planning attorney will help ensure the trust is set up correctly to maximize these benefits.
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22 August 2024 | 16 replies
Bear Market (or correction): many, many are going to lose money.
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21 August 2024 | 28 replies
@Phil Cohen Yes, that is correct....as you never received a commission.
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23 August 2024 | 22 replies
That is for people trained to buy property the correct way, but most people aren't trained so they resort to the aforementioned options.
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21 August 2024 | 30 replies
If you run your numbers correctly, it is possible to build a duplex in cash, rent it out, and use a DSCR Loan to pull all of your money back out.
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21 August 2024 | 4 replies
I can't find any other appropriate form to use for this case.What is the correct UD form to use against holdover prior owners?
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22 August 2024 | 21 replies
@Jay Hinrichs I hate to admit it but you are probably absolutely correct.