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12 January 2025 | 13 replies
Take out an equity line of credit on the property that can be sides as the down payment for the primary residence.
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10 January 2025 | 12 replies
I tried changing useful life to 1 year but it doesn't change the line to show as an in year expense.
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26 December 2024 | 9 replies
Honestly, upgrading to a commercial-grade stackable setup like Speed Queen or Maytag might be your best bet.
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5 January 2025 | 24 replies
Than I thought it was all the things that could go wrong in the flip, hidden gems like K&T hidden in the walls, shot main-lines, etc.....
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7 January 2025 | 2 replies
Is the property under a high tension power line or down wind from the horse rendering factory or on a main thoroughfare or some other obstruction that you wouldn't want to live near?
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8 January 2025 | 9 replies
Leveraging a HELOC (home equity line of credit) could allow you to invest in multifamily without completely draining your savings.
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8 January 2025 | 5 replies
I also have a $50k line of credit I can tap into when needed that will grow as I keep growing the business.Right now my rent is about $1700 where I've been staying for over a year, but really wanting to trade that for a mortgage and start building that equity.
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13 January 2025 | 10 replies
The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.
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3 January 2025 | 26 replies
Good luck, you are a busy man with school, family and baseball.Likely your best bet is house hacking (if your partner and child are willing to share housing).
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18 January 2025 | 13 replies
I think my line of thought is correct.2nd and very few investors realize this.. but lets say you have a wholesale deal and your buying it for 100k and the wholesalers contract is 50k and there is a 50k assignment fee..