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28 June 2024 | 21 replies
And in coming to this point as a natural earthy mama and many years of midwives, home births, La Leche League meetings/many years of nursing my kiddos on cue.....
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26 June 2024 | 10 replies
Hi all, I'm doing real estate investing as my primary/only source of income these days.
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26 June 2024 | 22 replies
He layed out a step by step process and held me accountable through multiple weekly calls to make sure I was executing on what I needed to.
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26 June 2024 | 4 replies
Hello BP 😎 ai am new here but i listen to real estate rookie for awhile. i bought single family house in 2019 and now i want to buy a four family house i have home equity should i use it at a down payment or not around here in boston the 4 family house is between 900,000-1.2M so i need to do house hack put down payments as low as 3.5% and rent my single family and show the Leander as an income to and i only have 30k saved up and the leander want to see 3 month reserve should i take HELOC and show them that i have reserve or is there any other options?
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27 June 2024 | 4 replies
Thus, getting their income verification is a good idea to make sure they can afford to rent the property.6.
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25 June 2024 | 125 replies
This is after accounting for the negative cash flow and cost of the value add.
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26 June 2024 | 2 replies
That is relatively easy, but ZIP codes are a really poor way of breaking down the city as we have several that cover both expensive and low-income areas.
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26 June 2024 | 2 replies
I can help you explore refinancing options in the future to lower your interest rate, especially if market conditions improve.Living in the property for 18 months while renting a room can help you offset mortgage payments and reduce living expenses.This strategy also gives you time to understand the local rental market and plan for full rental income after you move out.Fixed-Rate vs.
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22 June 2024 | 17 replies
Here's the full bill for those who are interested: https://marei.org/kansas-city-missouris-source-of-income-ord...
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26 June 2024 | 4 replies
Cash-Out Refinance: If you refinance the property, you can pull out cash based on the equity, which can be used for down payments on BRRRR properties.Collateral for Loans: The farm can be used as collateral for obtaining loans for other investment properties.BRRRR Investments:Immediate Cash Flow: BRRRR properties will likely generate some positive cash flow right away.Faster Turnover: BRRRR allows you to recycle your capital more quickly, aiding rapid portfolio growth.Initial Investment: $60,000 can potentially fund multiple BRRRR properties, providing diversity and multiple income streams.Farm Investment:Emotional Value: Maintaining the farm within the family has intrinsic value that cannot be quantified.Long-Term Appreciation: The farm's value may appreciate significantly over time, providing a substantial future asset.Monthly Cost: The $400 monthly cost needs to be factored into your budget, as it’s a non-cash-flowing asset in the short term.Decision Points:Emotional vs.