From there we go into a cycle of equity accrue, plan a future liquidation of properties, tapping such gains, 1031 profits (if no Biden) into a singular Class B/A commercial residential complex, say around 200 units.

.- Accrue money and buy your first property, get into it with little/no money, house hack, etc. - Join a TON of groups.

Originally posted by Account Closed:So, having never been a homeowner before, I'm wondering aside from the down payment, what are the other costs accrued in the home buying process?

In addition, I had to pay an additional 1% down payment so that there was time for the loan to get transitioned to the final lending institution before interest accrued and exceeded the max approved credit limit before I had a chance to make a payment.

I have excellent credit and a good income, so I'm hopeful I can accrue a good amount of available money this way.I'm planning to start applying for personal LOCs at as many local banks and credit unions as I can find, and hoping for the best.

Preferred Return" AKA "Pref" Is what they are promising you (6% for example), but if they don’t hit the target it can accrue and be made up in the years to come.With zero experience in the real estate business & $100,000.00 to invest at 21, knowing what I know now… I’d, no doubt, Find a Team Of Multifamily Apartment Operators (B/C Class Operators) That have a Proven Track Record, leverage their expertise, and build a substantial relationship with them.

We are talking about pretty small numbers.Russell,Whether you claim it as a business expense or as business income wouldn't interest accrued in the account have a 1099 anyway?

I sated late fees will accrue starting the 4th of the month and thereafter.  

The 4th unit the tenant pays late every month and has accrued a lot in late fees (previously owners charging $5/day in late charges).

While inflation is destroying the value of the debt you hold on that property to the debt owner, it is inflating the value of the asset that you hold, benefits all accruing to you.