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6 February 2025 | 9 replies
My bank tends to have more restrictions than others, but this hopefully helps as you shop around.
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6 February 2025 | 10 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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2 February 2025 | 4 replies
I want to use this forum to meet other real estate professionals (experienced and newbies) and hopefully find business partners.
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8 February 2025 | 8 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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28 January 2025 | 16 replies
I hope tenant willingly leaves because NYCHA actually notified months ago that she was approved for another voucher.
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25 January 2025 | 29 replies
However, you can't sell something unstable, with circular references, requiring human override, etc.But, if you stabilized it, the model loses efficiency.
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27 January 2025 | 21 replies
I've also signed up for New Orleans REI meet ups in the upcoming weeks in hopes of making valuable connections in the local market.
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30 January 2025 | 10 replies
I am hoping she will give me some insight into this matter.