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9 December 2024 | 8 replies
If you’re planning to pay cash for the rehab, make sure the lender provides non-dutch interest on the rehab portion so you only pay interest on the funds you actually draw, if any at all.Once the renovations are complete, you can do a cash-out refinance after 3 months of ownership.
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6 December 2024 | 2 replies
IDEALLY, we would like to find a property that has or is capable of being converted into a “mother in law”, “ADU”, “Casita”, or any other separate living quarters in which we could rent out the main portion to a tenant (short term or long term) and then use the separate space as our own for when we come and go with business.
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10 December 2024 | 12 replies
Most people focus on the numbers and then learn the rehab portion through trial and error/ feedback from other investors.
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17 December 2024 | 86 replies
Section 8 Considerations: Opting for Section 8 tenants can be a stable source of income, as a portion of the rent is guaranteed by the government.
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25 December 2024 | 60 replies
I still may proceed as it’s my primary residence so the negative equity portion is not my primary goal but it remains a good argument against.
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3 December 2024 | 9 replies
Slowly moving projects when forced to by clients.I should have fired him 2 years ago but I was pot committed and didn't have the balls to start over with a new consultant.What I learned is that moving on quickly from an underperforming consultant is vital.
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3 December 2024 | 19 replies
Some vitality and growth.
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6 December 2024 | 21 replies
Yes, I agree with others on the tech portion.
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5 December 2024 | 13 replies
The portion allocated to qualified use is tax free.
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4 December 2024 | 25 replies
Either way, everyone on here agrees the charge was high so getting an understanding of this is vital.