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17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.
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19 December 2024 | 22 replies
One slick trick that I've used on reducing the mortgage tax is, I'll see if I can get the sellers bank to assign the current debt to my bank and consolidate it with the new debt I'm putting on the property.
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23 December 2024 | 34 replies
Raise rents, reduce expenses (shop insurance, appeal taxes, refinance, etc). 3.
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19 December 2024 | 15 replies
For example, we might arrange a shorter penalty period or reduced fees if you expect to exit the property within a specific timeframe.Ultimately, the key is aligning your financing terms with your exit strategy.
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16 December 2024 | 5 replies
The records show the house last sold in Sept, 24 for 382K and was listed in Oct 24 for 416K and reduced to 406K in November.
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11 December 2024 | 8 replies
I have a bit of anxiety when it comes to meet ups/networking, so I have a difficult time convincing myself to go, but I am working on overcoming this weakness.
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18 December 2024 | 45 replies
It definitely causes some anxiety anytime the place is vacant.
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24 December 2024 | 6 replies
Before you do so, make sure that it will, in fact, reduce your current year's taxes.
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17 December 2024 | 4 replies
or ways to reduce our expenses on mortgage every month. we both make about $105k each yearly. but with us planning to have kids in the future, she may stop working.Any advise is appreciated THANK YOU!!!
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18 December 2024 | 0 replies
All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.