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15 January 2025 | 2 replies
Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.
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21 January 2025 | 16 replies
I am looking into short term and mid term rentals, ideally in the San Antonio area, at least for my first investment.
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29 January 2025 | 12 replies
I removed our debt (P&I) all other expenses have been factored.
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1 February 2025 | 13 replies
I can't always be there for my projects, so as I'm trying to implement a system that allows me to always factor in a GC.
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12 January 2025 | 7 replies
My ideal location is in the middle so I'm away from severe flood risk, but still 15-20 mins tops to downtown or the beach.
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15 January 2025 | 10 replies
And working for a contractor that does flips or rentals would be ideal.
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10 January 2025 | 12 replies
Not even Balance Sheet.I don't know if they changed their model since the change of subscription plan but it isn't ideal to use it as depreciation or amortization.They do have a balance sheet.
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17 January 2025 | 4 replies
A lot of factors go into this.
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9 February 2025 | 173 replies
Know the major risk factors for the type of opportunity you are pursuing, and the minor ones.