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7 February 2025 | 12 replies
Would a HELOC or home equity loan on my personal home be a good idea to fund this?
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23 January 2025 | 1 reply
You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.
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27 January 2025 | 15 replies
One housing authority wouldn’t even entertain the request, while another was open to it because it was an affordable housing property, requiring just an application for the exemption.From my experience, dealing with government agencies, especially when trying to save money or get financial benefits, can be a slow process.
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29 January 2025 | 5 replies
@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.
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28 January 2025 | 0 replies
New agents may struggle with periods of no income while waiting for deals to close.Solution: Budget wisely, build a financial cushion, and prepare for slow months.
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13 January 2025 | 45 replies
Prioritize your financial stability.
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30 January 2025 | 8 replies
He works with us often here in Chicago, but can service loans across the country!
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5 February 2025 | 13 replies
For financing, would we then want to get a DSCR loan under the LLC or should we start with conventional loans under our name until we hit a certain number and then move them over?
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13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
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30 January 2025 | 8 replies
You could also use a Fannie May Home style renovation loan which a conventional loan and require 5% down vs.