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21 January 2025 | 2 replies
Since you’re assuming this debt as part of the purchase, understanding the exact amount is critical.
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15 February 2025 | 14 replies
A HELOC is a short term debt instrument.
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21 January 2025 | 4 replies
What if you're a cardiologist with no debt and making $250,000 annually?
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27 January 2025 | 1 reply
Eliminate debt, establish a budget, and save.
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29 January 2025 | 11 replies
Investing in area you're less familiar with combined with multiday travel can be more costly than spending more in your own market.
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6 February 2025 | 12 replies
Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.These are the requirements necessary to attain and maintain financial independence.
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3 February 2025 | 12 replies
If you are open to non-traditional methods of financing, you could use a debt service loan to bypass that requirement.
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11 February 2025 | 20 replies
For your scenario, you would be able to afford $8300 monthly mortgage assuming no debts. ($200K/12 months = $16k/ month of 50% = $8333.
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24 January 2025 | 36 replies
I am expecting to do 3-4 deals per year until I get to 20 properties or so and then snowball the debt so they are all paid off by retirement.
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5 February 2025 | 15 replies
If I go the multi-unit route I would put myself in debt for a bit, which is fine for long term investment.