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25 April 2024 | 16 replies
You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.
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24 April 2024 | 6 replies
I may have to hire law care or put my push mower in my car and go do it.
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24 April 2024 | 36 replies
The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.
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24 April 2024 | 18 replies
You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.
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25 April 2024 | 6 replies
I have saved 80,000 to put towards this goal.
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24 April 2024 | 3 replies
If You are buying as an investment you should only be putting 15% down and as a primary 3.5% for FHA or 5% for Fannie Mae.
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24 April 2024 | 7 replies
20% down payment will be personal cash that I’ll put into the LLC as a capital contribution.
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24 April 2024 | 7 replies
Since he was 6 months late on the loan, I had urgent needs for the loan and wanted a wire for many reasons (my bank- bank of America puts holds on all large checks, so I am blocked from access to it for a week) and I didn't trust him with my wire information as he told me point blank "I'm not going to give you that information" when I asked who the closing attorney was.
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23 April 2024 | 12 replies
Should I put more money down to keep the monthly payment down and have cashflow?
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24 April 2024 | 18 replies
I also recommend one when unmarried partners want to invest together, for ease of tax filing if no other reason.Whether or not you NEED to put each property in a separate LLC is a great discussion to have with your attorney.