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20 December 2024 | 28 replies
I could posibly see having a second for the STR vs LTR and keeping STR in one over the other. one asset for one LLC really only applies to commercial not single family
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17 December 2024 | 14 replies
The old adage slow and steady wins the race can certainly be applied to real estate.
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17 December 2024 | 13 replies
These foundational elements enable you to navigate transactions successfully and make informed decisions.While there are many resources available, including courses and mentorships, the reality is that without a foundational knowledge base, you might struggle to apply what you've learned effectively in real-world scenarios.
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11 December 2024 | 4 replies
Reach out to @Alyssa Holbrook as she has a property she is trying to do it on now.Thanks a lot @Jonathan GreeneI was reading the SLC docs and it seems that the restrictions for owner occupancy only applies to single family homes and duplexes are exempt.
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10 December 2024 | 22 replies
All the same rules of a standard DSCR cash-out refinance would still apply.
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11 December 2024 | 4 replies
However even if you make more money than the requirement you can use a portion of your income to apply.
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9 December 2024 | 8 replies
Does that same logic apply to "buyer agent commission"?
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9 December 2024 | 11 replies
However, strict IRS regulations apply, including prohibited personal use and mandatory income and expense management through the IRA, with penalties for violations.
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17 December 2024 | 29 replies
Yes, my question applied to rentals, and it appears we are all close to doing the same way.
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11 December 2024 | 6 replies
By the way, 3 of the 4 have been rented since I owned the property so yes I suppose the 75% rule could apply then.