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18 February 2025 | 5 replies
@Justin Fantazier2.9% is basically free money due to inflation.
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27 January 2025 | 1 reply
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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29 January 2025 | 5 replies
I know it is expected that you will need to spend some money after someone moves out but I just didn't expect I was going to need to spend appx. $10k to get it rental-ready.
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11 February 2025 | 16 replies
Quote from @Pearse Cafiero: You want to borrow money to buy a house, but you don't have the downpayment.
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15 January 2025 | 15 replies
It’s the same thing except it’s done in the name of the IRA and all the money comes out of the IRA and returns go back into the IRA.
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26 January 2025 | 11 replies
Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.
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13 February 2025 | 1 reply
Breaking even on your first flip isn’t a failure—it’s a valuable learning experience.
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13 February 2025 | 8 replies
I find DSCR most lenders are 8 to even 9% for max leverage on 5+ right now.
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22 February 2025 | 13 replies
Once to him and he stole the money and once to the sub to remove the lien.
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22 February 2025 | 0 replies
Maybe I even pick a 4/2 floor plan to eke out some more rent.