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30 January 2025 | 0 replies
Here’s a bit more information about why these could be such powerful tools for you:Financial Support: The average benefit for buyers who qualify for down payment assistance is $17,000.
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2 February 2025 | 2 replies
Having the VA option is certainly a benefit and we're excited to get started now.
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10 February 2025 | 71 replies
If my intentions were to benefit myself at the expense of others than I could use the lease option strategy to do that.
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11 February 2025 | 20 replies
Is there a benefit to foreign national loans for a US citizen with a US credit score (the 791 I mentioned in the original post is my American score)?
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11 February 2025 | 22 replies
Having family with trades is a huge benefit, even if they don't do the work, utilize them as a resource. 1.
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10 February 2025 | 3 replies
They tend to be the ones posting religiously on linkedin the benefits of garbage investment strategies in order to continually feed their business and have poorly drafted operating agreements often with side letters that are really only necessary to hide from their lenders where their capital is coming from.
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13 February 2025 | 8 replies
You might "lose" money on cashflow but you keep an asset that will hopefully appreciate in value and you get several benefits other than just appreciation.
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12 February 2025 | 12 replies
This also includes any potential benefits for tax losses, no matter where they are sourced to.Given the property is in MO, it would also be subject to income tax reporting in that state, unless there are any exceptions to having a filing requirement there (I don't know MO rules off the top of my head).
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6 February 2025 | 3 replies
Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.
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12 February 2025 | 75 replies
If you’re buyers like to buy 3 bedroom 2 bath houses in a certain neighborhood or zip code, go look for 3 bedroom 2 bath deals in those areas.