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14 February 2025 | 6 replies
And a deal in my opinion is one that will 1. pay for itself(All property expenses) and 2. pay the debt service(if necessary) and 3. put money into my pocket each month.
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22 January 2025 | 2 replies
if it is unsecured loan that is the consequence, you lose they entire thing. as far as tax write off, sorry but none.
14 January 2025 | 7 replies
Your debt is easily found, I suggest you disclose the loan. :)
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30 January 2025 | 6 replies
Why not use bank debt or alternative lender debt if you don't qualify yet for bank originated debt?
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26 January 2025 | 2 replies
I didn’t see your location in your profile or your post, but assume at least 17% state/federal taxes leaves you with $10k/yr.
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21 February 2025 | 4 replies
They have to prove to any relatives and "legally" interested parties, (court, relative, creditors, etc) that all money was collected and all debts were paid.
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17 February 2025 | 10 replies
Many traditional banks won’t touch them, and even DSCR lenders will avoid them if the build out is done prior the securing long term debt.
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5 February 2025 | 5 replies
Fed can’t raise interest rates to hold inflation down due to Fed debt levels.
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10 February 2025 | 4 replies
I am not a bankruptcy expert, but isn't that procedure used to release people from existing debt but not monthly expenses.
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24 January 2025 | 6 replies
This isn’t/wasn’t a loophole - just tax policy.