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19 January 2025 | 10 replies
Most lenders require proof of someone else paying the note for around 9-12 months so that the debt isn't counted in their DTI calculation.
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15 January 2025 | 3 replies
For instance, if there was a total of $250K of debt on those properties that woud leave you with $350K of proceeds to use to purchase $600K of real estate.
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5 February 2025 | 29 replies
. - The money partner doesn’t need to worry about the financing or keeping the debt in their name which may reduce risk for the money partner.Long-term tenant to reduce turnover.
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15 January 2025 | 34 replies
Clearly the note is more than just evidence of a debt, right?
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17 January 2025 | 7 replies
Even if a title company were to manage the setup making sure all parties are paid, the cheap debt and cash flow would not be enough to be enticing to any investor even if midterm rental could yield a healthy return.
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16 January 2025 | 5 replies
Eliminate debt, establish a budget, and save.
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23 February 2025 | 42 replies
Avoid floating rate debt.
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16 January 2025 | 4 replies
Taxes : Taxes have been a brewing crisis nationwide for sometime, Chicago is another prime example of a major municipality struggling under high debt load.
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24 January 2025 | 7 replies
Eliminate debt, establish a budget, and save.