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24 January 2025 | 4 replies
Sometimes a few listing tweaks can really help you stand out.
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29 January 2025 | 11 replies
Having a lease in place will help you as well - some lenders won't refi a vacant property.For your refi, you're usually looking at 75-80% max LTV with a debt service loan.
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23 January 2025 | 31 replies
Thanks Erwin, always very helpful.
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23 January 2025 | 1 reply
I'm a fan of using the HELOC to help purchase new property.
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21 January 2025 | 2 replies
In turn they will help you find off market deals as well.
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22 January 2025 | 2 replies
You may also want to look into 2-4 units as those are the easiest to finance and help you grow faster.
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20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
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24 January 2025 | 3 replies
I’m currently available to take on more cohosted homes, so if you or someone you know is in need of support, I’d love to help!
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19 January 2025 | 0 replies
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