
10 August 2024 | 23 replies
I have been at it for 15 years and appreciation, debt paydown and tax benefits are FAR more important and lucrative than cash flow, to me.2.

8 August 2024 | 4 replies
I would do a HELOC, because if you don't want to take the money out you don't have to pay the interest, on a home equity Loan, the full amount is going to be advanced when the loan funds, and you will pay finance charges on the whole amount.We do investment loans on new construction, Typically we can do 60% of the land costs, and up to 100% of the vertical construction, not to exceed 85% of the Costs.Thanks,DustinThe property is free and clear.

8 August 2024 | 12 replies
We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:* Purchase price: $163k* Financed price: $132k @ 7.625% APR* After repair (estimated value): $225k* Gross rents: $2150 ($750 one year lease & $1400 six month lease)* Annual taxes and insurance: $7000* Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!)

11 August 2024 | 10 replies
I would agree with this - its probably too soon / not economical to do a cash-out refinance at this point - options for freeing up equity would probably be best served via HELOC or something to that effect

8 August 2024 | 0 replies
Let’s start with a few notable facts:26% of all renters in Worcester and 17% of residents citywide don’t own or have access to a private automobile.In downtown Worcester, 41% of renters and 38% of all residents don't have access to a private vehicle.Buses in Worcester became fare-free in 2020 and are currently slated to remain that way through June 2025.It's challenging to charge an electric car if you live on the third floor of a triple-decker and don’t have access to a driveway.Do people choose not to have cars?

10 August 2024 | 1 reply
one almost hit the house after a storm.3. make sure when you run the numbers on Texas properties to account for the increase in property taxes year over year.4. before you buy in a new area be sure you establish some kind of relationship with an electrician, plumber, handyman, gardener, roofer Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

11 August 2024 | 13 replies
And then there are others that are just pump and dump due diligence schemes.. now when i googled this company their web page came up .. but there is also complaints and a rip off report link.. so i would read all that stuff first.. take it with a grain of salt.then look deep within and ask yourself if with your business acumen and 2 to 3 years of tax returns.. and your fico and your cash reserves can you do a 1 plus deal.

7 August 2024 | 5 replies
I just get my lists fir free from the municipalities:- Most delinquent tax payers- Tax-exempt property owners- Tax-deeded previous owners still in the redemption period- Fire-damaged etc

7 August 2024 | 3 replies
I would love to continue to flip houses but now having two little boys makes the "live-in" part a little difficult.Outside of real estate and taxes, I enjoy spending time with my family, whether at the beach or in the backyard, and sharing new experiences with my 2 sons.