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24 October 2024 | 6 replies
. --- and... these issues become issues for the other Tenant and then turns you into the constant 'utility police' because you constantly have to monitor # of occupants... eww. 50/50 is simple and simply understood and 100% while vacant is also simply understood.
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23 October 2024 | 4 replies
Strengthen your financial strategy by building savings, monitoring credit, and exploring loan options.Good luck!
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27 October 2024 | 6 replies
I only recommend this route if you are looking up a lot of properties regularly.
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25 October 2024 | 1 reply
I know some regular conventional investment property loan programs have certain rules about this but does Fannie Mae?
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29 October 2024 | 12 replies
Ordinary/regular income: compensation for work or running a business, such as W2 or 1099s, as well as retirement distributions.B.
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8 November 2024 | 53 replies
It's a regular response to help someone.
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28 October 2024 | 30 replies
If the house takes longer to sell, we aren't losing money every month on interest payments and can hold for the right sell price.Cons:We lose our regular stable monthly income and have to rebuild again (we have done this before - this would be our 2nd "bootstrap, build, sell" business)We lose our 5 year history when it comes to conventional mortgages and moving into a new home for our own family in the next 2-4 yearsThoughts / recommendations?
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23 October 2024 | 6 replies
I also monitor new legislation.
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24 October 2024 | 7 replies
I want to ensure I include him on my list of contractors to monitor.
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25 October 2024 | 1 reply
While we both work regular 9-5's, we wanted to do this on the side until we can turn it into a full time thing.