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15 October 2024 | 12 replies
This is like a credit card but tied to your property's equity.- **Cash-Out Refinance**: You can refinance each property to pull out cash, but this involves new loan terms and closing costs for each property.### Steps to Take- **Research Lenders**: Look for lenders that specialize in real estate investors and offer portfolio loans or multiple HELOCs.
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11 October 2024 | 10 replies
I prefer the card to the coin-op, even in a smaller property.
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11 October 2024 | 8 replies
I only have credit card debt with a minimum monthly payment of under $300.
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11 October 2024 | 13 replies
If tenant wants to use credit card, Zillow charges the tenant the additional processing fee, so you still get your full rent amount.
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13 October 2024 | 24 replies
Certainly wouldn't have much issue showing credit card statements of local restaurant/grocery/gas purchases in that area through the year, but that seems a bit asinine to track or even think they'd request.
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9 October 2024 | 2 replies
Credit cards - store specific, general business expenses, etc.Any POV you have on what has worked for you would be great!
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10 October 2024 | 3 replies
If you are trying to get others to pay your down payment and you have nothing in the deal, there are probably no terms that anyone would agree to unless they were getting credit card type returns.
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10 October 2024 | 6 replies
Broker will end up paying, if Saurabh Patel plays his cards right.
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9 October 2024 | 13 replies
@Samuel Koekkoek your dream scenario would be to buy a 2-4 unit (if you can find one) with FHA mortgage for 3.5-5% down.At least one of the units do Short-Term Rental if city allows for more cashflow.
12 October 2024 | 2 replies
It’s also possible to have a negative net worth, which means your liabilities are greater than your assets.Examples of assets that may be included in your net worth include:Business interests Cash and savings Investments Personal propertyReal estateRetirement savingsVehicles Examples of liabilities that may be included in your net worth include:Credit card debtMedical billsMortgagesPersonal loans Student loan debtVehicle paymentsNet worth is very easy to calculate: You add up all your assets and subtract your liabilities.The net worth formula is:Net worth = Total assets – total liabilitiesHow to Select a Net Worth TrackerYou can choose from several net worth trackers to help you monitor your financial position.