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9 June 2018 | 51 replies
My $30,000 down made $8800 not a home run, but the place is worth an easy $150k now, that’s an extra $20k (15% in one year, good thing I didn’t listen to people last year saying I couldn’t invest in Vegas, or the next crash is/was coming), if I wasn’t lazy I could refi and get my money back out but houses here are really cheap and I usually only buy 1 a year.
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21 May 2018 | 4 replies
As for retirement, I earn a pension when I retire, I currently max out my deferred compensation plan (457b) with 18,500 a year and just recently opened up a Personal Roth IRA with intentions to max out with income made from loan origination but put it on hold until I can figure the best situation for what I am trying to accomplish.
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23 May 2018 | 7 replies
Unfortunately unlike other people I don’t have anyone to co-sign for me for any of these investment opportunities I could take and my father lives in New York City, he doesn’t like the idea of me getting a property, he just thinks I should get an IT job and pay rent that’s what I went to school for all these years but it hasn’t been easy getting a job so now I’m taking into account that I could Uber and I can make atleast 300-400 a weekend but I plan to do it everyday to get extra cash in, I’m so hungry to become successful I won’t ever give up, instead of saying I can’t do it, I’m just trying to find ways to do it, like most successful people and I know it isn’t going to be easy and I’m living way below my means, my favorite meal is pack ramen now cause it’s the cheapest haha.Anyways my question is in my current situation what would you advice me to do to be able to achieving owning a MF property to do the house hack with FHA loan, can Ubering be use to qualify for me for the FHA loan?
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20 May 2018 | 1 reply
As for retirement, I earn a pension when I retire, I currently max out my deferred compensation plan (457b) with 18,500 a year and just recently opened up a Personal Roth IRA with intentions to max out with income made from loan origination but put it on hold until I can figure the best situation for what I am trying to accomplish.
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22 May 2018 | 7 replies
If not, you could be putting your money to work elsewhere, earning more per month, and diversifying your investments.
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20 May 2018 | 1 reply
As the title states, I’m considering trying to earn a license in real estate as either a broker or agent.
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28 May 2018 | 11 replies
Meaning if closing costs are only 2% and you have a surplus of 4%, that extra concession can not be put toward the down payment.
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22 May 2018 | 4 replies
A fellow investor or someone else with some extra capital that they are looking to grow at a solid rate?
22 May 2018 | 5 replies
Go for it...and get another CPA.If you have a traditional retirement account, this is a good time to consider a Roth conversion while your earned income is low...may be able to convert some or all of it (over time) tax free.
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22 May 2018 | 2 replies
My goal is to start with earning some passive income for my wife and I.