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18 November 2024 | 1 reply
I am planning to include the estimated property value and the funds that will be transferred into the business bank accounts.
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20 November 2024 | 9 replies
Those are generally at least 1 of the following:1) Where they currently live2) Where they grew up3) Where they currently have family/friends living (if not included in #1 or #2)4) And as a last resort, an area where they like to travel/vacation frequently
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26 November 2024 | 35 replies
Everything I own is in an LLC including my residence.
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18 November 2024 | 6 replies
Financing options include cross-collateralization, cash-out refinance, and DSCR loans.Good luck!
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20 November 2024 | 11 replies
Quote from @Carlos Lopes: Gross income doesn't matter.This is the number most people post, and it's 92.7% useless.What you need is NET income, meaning the money left over after all expenses, and that should include a dollar amount for your personal time spent operating the business.
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18 November 2024 | 0 replies
Guests also include families visiting Reno, travelers relocating, weekend visitors, traveling workforces, and Tahoe adventurers.
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21 November 2024 | 16 replies
At the end of the day, you'll still need good credit, income (rental income from the property will suffice for DSCR loans), and cash to close, including a downpayment (likely 20%+).
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21 November 2024 | 10 replies
The FHA househack strategy is fairly common and pretty straight forward, a lot of people have been using this and/or the conventional househack (myself included) so have been on both sides of the table.
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18 November 2024 | 1 reply
Popular examples include Airbnb, Uber, and Buffer's early-stage pitch decks, available online for free.
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20 November 2024 | 24 replies
@Kobe CarrDallas offers benefits for first-time real estate investors, including a growing economy, diverse property types, affordable suburbs, landlord-friendly laws, and strong rent demand.