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8 February 2025 | 10 replies
And to top it off, the letter stated 'with capital up to $300,000' and found out from the SOW we provided to them for $65,000 in rehab fees, they were only giving us $40,000.
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8 February 2025 | 7 replies
Then it shifted to more flips and rentals, with a lot of discussions on how to capitalize since the credit markets were frozen.
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11 February 2025 | 8 replies
You reduced the amount of untaxed capital gains you’re carrying forward but you didn’t create an expense or a deduction today.
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21 February 2025 | 3 replies
If you end up at out-of-state but have capital, you likely be on a turnkey solution.If you are starting locally, that may be wholesale, brrrr, flip, buy-and-hold, (STR, MTR, LTR), and more.
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22 February 2025 | 4 replies
It seems the profit would cover taxes, and you would have more capital to do other stuff.
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10 February 2025 | 5 replies
Looking to have access to more capital to help do more deals this year and want to make sure i'm not breaking any laws and get into trouble.
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16 February 2025 | 6 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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21 February 2025 | 2 replies
Above just the assumption that it'd be far more of a corporate environment, I just don't think that would happen at a larger shop, at least not for quite awhile, and I do think I would generally be more at home with a smaller office of people (smaller being relative to multi-national, or coast-to-coast, I suppose).Personally speaking, do you find that you're in that type of environment with a boutique brokerage?
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21 February 2025 | 0 replies
The streamlined process and strong market demand allowed Partner Driven and Nathan Ward to capitalize on a quick-turn opportunity, demonstrating the effectiveness of their partnership.
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17 February 2025 | 17 replies
You said "100% of our funds were investors" then "my capital came from bank Lines of credit NO investors", so wondered exactly how much of the 100% was replaced.