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22 November 2024 | 15 replies
I think there's potentially a different feeling when you convert a personal residence to such an investment property versus purposefully buying an investment property.
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20 November 2024 | 12 replies
Your only real question here is how much additional equity can you earn before you sell before the rate resets and before you lose your capital gains exclusion, versus the opportunity costs if you sold and cashed out now.
26 November 2024 | 3 replies
You bet, but not active or pre-foreclosure.
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23 November 2024 | 15 replies
The arguments for FHA versus conventional are fine and all, but one thing to be absolutely clear on is that Fannie/Freddie nor any other agency does NOT lend to entities.
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21 November 2024 | 6 replies
For example, for rental properties, lots of the categorization depends on the REI's specific tax strategy regarding what we're capitalizing versus what we're immediately deducting.
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22 November 2024 | 15 replies
I bet there are some ways you could proactively plan so the problem almost resolves itself.
21 November 2024 | 8 replies
I'd suggest narrowing down to a few markets to explore, then reaching out to investors in those markets versus throwing a wide net.Cheers!
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22 November 2024 | 13 replies
I think your thesis is sound in general, but I would want a hedge on my bet.
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18 November 2024 | 1 reply
We love that our guests are almost always repeat visitors, making the AirBnB feel like an extension of our home versus a true commercial business.
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19 November 2024 | 6 replies
@Michelle SharkoAnswering questions in step by step fashion:- Is it a good thing to do or not is a personal finance decision and it depends on the person asking it, their risk tolerance which in part has to do with how this HELOC or line of credit works and how your personality fares relative to taking on new debt (a person more adverse to debt might have sufficient savings and temperament to pay down/back the debt versus a financially liberal person might get in over their skii's as).