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4 November 2016 | 7 replies
That's why I figured networking might be a better solution than the traditional route.
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5 November 2016 | 8 replies
I currently have 5 traditional single-family loans plus a HELOC on my main residence.
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6 November 2016 | 2 replies
That's the traditional way to do a BRRRR, but you could also just buy an owner occupied home as a live in flip, or purchase using a rehab loan.When the bank owns the home they can do many things.
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3 November 2016 | 1 reply
That will save you better than any LLC.Now to the LLC.1: Wholesaling houses - Try to do the contracts within an LLC and limit your liability.2: Doing rehabs & Construction - Same as above.3: Rentals and you have a boat load of cash, you're putting down large down payments and getting commercial loans - Same as above. 4: Rentals and you're are getting a traditional loan - Then everything has to be in your own name and have an LLC does you no good.
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28 March 2017 | 18 replies
I vet all tenants, even if it may not be the traditional vetting process.
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7 November 2016 | 14 replies
Even in an extended power outage, you can still cook on a gas stove if you have matches or a lighter, a traditional gas hot water tank does not need power so you'll still have hot water and it only takes a small generator to power a gas furnace, although Missouri winters are fairly mild compared to here (Chicago area).My $0.02...
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8 November 2016 | 22 replies
I have talked to a number of rental home owners who are making really good money competing against local motels for busines/family/etc. travelers by renting out investment property on a nightly/weekly basis as opposed to a traditional 12 month rental lease.
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5 November 2016 | 4 replies
While there are great tax benefits from contributing more, your investment options are likely pretty limited and are going to be locked in there unless you switch employers.Next, I opened up a Vanguard Traditional IRA account.
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6 November 2016 | 8 replies
I am going to try to put my fiance's name on the return address and in the letter state you may get Christian or Brooke.
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4 April 2019 | 8 replies
That will vary by state, but it typically a lot less than closing costs with a traditional lender (for example, I just closed an owner finance deal a few weeks ago, and my total closing costs were just under $1100.00)Wish you the best.Let me know if you have any questions.