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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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20 February 2025 | 21 replies
With that being said, there's very few that will do <$100,000If you don't find a local bank/credit union to do it for you, feel free to PM me
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4 February 2025 | 3 replies
Also I feel buy and holds are harder to structure partnerships as its not that much money when split in between two people.
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4 February 2025 | 1 reply
Don’t stress about perfection—choose what feels right and move forward.7.
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19 February 2025 | 13 replies
Properties in high-demand zones may also lead to better financing terms, and staying aligned with Detroit’s infrastructure improvements can help ensure your investment's long-term success.If you need any help on the financing to any of your future projects, feel free to DM me!
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19 February 2025 | 27 replies
Feel free to reach out if you have any specific questions, I'm very open and will be fully transparent in my experiences across all the groups/platforms.
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9 February 2025 | 2 replies
If you have ever learned something important by trial and error, then you can probably understand the frustration that you feel when you make a "rookie mistake" or a simple error that creates a big negative result.
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4 February 2025 | 18 replies
Feel free to dumb this down for me, I want to learn and have had this goal for a long time.
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19 February 2025 | 9 replies
I feel more at ease losing this deal and finding my client a better option.
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10 February 2025 | 6 replies
Building and maintaining those connections feels like a crucial part of the process.