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21 January 2025 | 15 replies
We also got over 100K in credits for repairs.It was a killer deal.
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11 February 2025 | 31 replies
As described in the investor reports, significant amounts are being spent on renovations/improvements and acquiring additional mobile homes, which over time will increase the portfolio value significantly.
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14 January 2025 | 6 replies
Rate will be highly dependent on loan size, credit score, LTV, location, and property type, as well as a few other factors.
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12 January 2025 | 8 replies
.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.
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11 January 2025 | 9 replies
Once you start processing the credit/criminal, the money is spent, and you can't get it back.
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31 January 2025 | 8 replies
Get a line of credit from a bank that leverages your equity without refinancing the properties.3.
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17 January 2025 | 19 replies
Go wtih what works - but intelligently.We offer a free month of rent, but to avoid desperate people, we credit 50% towards their 2nd month (to make sure they can afford 1st month rent + SD) and then credit the other 50% the 5th month.
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26 January 2025 | 19 replies
We've been continuously improving it, but it has been working exceptionally well for us since we hired a developer for the complete build-out a year ago.
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14 January 2025 | 3 replies
If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC.
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17 January 2025 | 4 replies
I've been self-employed for only 6 months, and loans are proving difficult to come by despite my great credit (not to brag, I'm moreso frustrated and seeking help).