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30 April 2024 | 140 replies
It is always the best option to use cash as that eliminates the major expense (mortgage) with any property.
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28 April 2024 | 4 replies
I also took their abandoned newer furniture to my rental so that I could charge $400 more a month for my furnished house.
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1 May 2024 | 24 replies
I am curious how you landed on Michael Blank's vs all the other options?
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30 April 2024 | 21 replies
But I'm open to other options.
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30 April 2024 | 16 replies
Above and beyond the best first option would be to house hack, especially if you can do a house hack/STR in the DC area.
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30 April 2024 | 6 replies
I have house hacked 2 single family homes in Colorado Springs, moved out with both rentals cash-flowing very modest amounts annually, and am actively looking for the next property around Allentown, PA.My 2 options: Add to my portfolio and House Hack for the 3rd timeI know that house hacking will be the easiest barrier to entry around a big down payment, has the chance for a lower APR with a primary residence loan, and I am comfortable using this strategy as I have done it twice in the last 3 years.
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1 May 2024 | 14 replies
What I do know is there are plenty of other markets in the Midwest (I have 9 doors across Memphis and Detroit) that will cash flow immediately and based on the data I'm seeing, has appreciated more than areas like LA/Seattle/Bay Area in the last 5 years.You also bring up airbnb which is a viable option to cash flow.
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30 April 2024 | 10 replies
Seller-financing is the only option for me as my income is through my LLC which isn't older than two years.
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30 April 2024 | 25 replies
You have many options with that property you have, do not ever assume anything (like not doing the kitchen/bath and going STR).You need to figure out what you are comfortable with and what will make you $$.