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19 March 2018 | 62 replies
They do not analyze data night and day and overthink what will happen and when.They simply have a formula they use for buying properties.
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19 March 2018 | 9 replies
That part does make some sense, especially since the first property we're looking at is out of state and it would cut back on legal fees to just file in that state.
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18 March 2018 | 2 replies
Simply send a letter to the tenants stating who and where to make payment to and life moves on.Happy InvestingDerek Dombeck
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23 March 2018 | 16 replies
@Ernie V.If it doesn't cut into your profits why not move out and let a property manager run the duplex for you?
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24 March 2018 | 21 replies
IRA funds that are moved to a self-directed IRA are still IRA funds, thus it is not "pulling funds out" It is simply moving from one custodian to another.
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21 March 2018 | 10 replies
I don’t usually do the work simply because I have people that can do it faster and cheaper.
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20 March 2018 | 22 replies
That's simply not true.
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21 March 2018 | 4 replies
If you have pending executed contract, they cannot simply sell to someone else at this time.
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20 March 2018 | 10 replies
To put it simply, I have two goals on a BRRRR.
16 July 2018 | 11 replies
Marvin There are so many things to consider, the way I will go about it will be by acquiring a debt weapon, home equity line of credit maybe for 20,000 and use that to pay down your principal there are some good youtube videos that will explain how to pay down your mortgage faster and save thousands of dollars in interest, but you need to have at least $500 of cash flow each month for that to work or use that to pay of a car payment faster anything that will increase your debt to income ratio so you can start saving more money each month cut down your monthly bills pay off all credit cards anyway you can i will try to get out of any car payments sell the cars buy a use one before selling the house, rent a room is a big house. obviously like i said lots of things to think about do you have kids so maybe a roommate wont work and your finances with out looking at them is hard to plan but I will try to make that house the investment get created if you have good credit that’s exactly how i started i hustle pay down my principal using the HELOC technique and when my equity become more because of lowering the principal I call my lender and increase my HELOC amount to the point that i was able to buy a house cash using the HELOC my HELOC became my checking account and i was paycheck parking all my income in the heloc is hard to explain what i did in a text but i hope this help you in getting created and into looking at more information before you sell or selling is the best way to go about it.