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16 December 2024 | 21 replies
The areas designated for painting should be painted thoroughly to ensure that no previous color is visible.
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13 December 2024 | 5 replies
Since the loan isn't directly tied to the property, I want to ensure I am shielded from that risk.
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22 December 2024 | 23 replies
Just ensure the new loan doesn’t overextend your cash flow.The best move depends on your long-term goals—cash flow vs. equity growth vs. diversification.
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14 January 2025 | 329 replies
I think it is entirely up to each one of us as individuals to look after our own needs and ensure we have a roof over our heads.
19 December 2024 | 5 replies
The Pacific Northwest is competitive, so leveraging those connections can be a game-changer.Second, when analyzing deals, ensure you’re building a framework to assess not just the property’s performance today but its future potential.
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11 January 2025 | 420 replies
The "lump-sum" will now cost us an additional $41.45 in interest every 10-months and we will need to make a monthly payment of $304.16 into the LoC to ensure the 3000.00 is paid-back.Our interest paid would then become: $43,031.89 + (41.45 * 21) = $43,902.34.
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13 December 2024 | 2 replies
Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.
13 December 2024 | 15 replies
Ensure the property appraises at its updated post-renovation value to maximize the equity you can pull out.A refinance isn’t a taxable event, but transferring ownership to your LLC may affect depreciation or future capital gains.
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11 December 2024 | 1 reply
We need to ensure that residents are not negatively impacted when selling properties.
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31 December 2024 | 418 replies
We are committed to resuming regular distributions as soon as our financial situation stabilizes and improves.Our primary goal is to ensure the long-term stability and sustainability of our business.