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23 August 2018 | 0 replies
From what I've read about riparian rights on the East Coast, one would be rather limited in their access and use of the water that was allotted to their property.For those that have successfully invested in real estate/ lots containing private water, what was your approach?
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29 August 2018 | 8 replies
Looking back, I would have done BRRRR strategy from the beginning because those first 2 properties used up a good chunk of money for conventional loan down payments which we cannot access anymore.
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23 August 2018 | 3 replies
For our primary mortgage, we are 2 years into a $600K 30 year 3.75% fixed conventional loan.Here are some pros and cons I can think of for each option:Invest as CashPros:Very liquidLess riskyNo interest on cash amount for next investmentKeep higher primary home interest expenses for tax write offCons:Sits in savings account earning 1% until reinvestedPay Down Primary Mortgage and Take Out HELOCPros:Saves $275,000 interest and reduces payoff during to 15 year on primary mortgageCons:Puts primary home at risk if future rental property investment goes badHigher and variable interest rate on HELOCBanks could close HELOC at any time removing my access to the funds for investmentMiss out on tax benefits of higher primary home interestUltimately, our goal is to have no personal debt including primary mortgage, while building a steady stream of cash flow through rental properties over time.
27 August 2018 | 8 replies
ROBS affords you access to all the money in your 401k without the risks of a 401k loan.
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23 August 2018 | 3 replies
My question is what suggestions does everyone have on how to access this newly added value.
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27 August 2018 | 7 replies
They are in the process of changing the convenants and R&Rs but that won't impact me as the new rental restrictions are only for those that buy going forward.
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29 August 2018 | 13 replies
While no one ever need to enroll in one of these programs in order to get a deal funded through our various loan programs, obtaining the type of funding that we provide for those with no experience, those with bad credit or those with little capital and looking for as little cash to close as possible is difficult without access to the tools and resources that are based upon the lending criteria specific to those loans.
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25 September 2018 | 36 replies
Some other features/amenities that my guest can do at my property that they can’t do at any hotel are: have pets and walk them right by the house, 421 legally, BBQ and have 20 friends and family over to celebrate a special occasion(way cheaper to do a celebration at my property as well), full kitchen access(saves even more money, especially with a family or multiple people in a group).
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27 August 2018 | 4 replies
He had access to off-market deals through managing other owners’ properties, and he had first opportunities at deals being a realtor, yet he tapped his investor network out through his previous long-term hold syndications.
24 August 2018 | 0 replies
Trying to research as much as i can before bidding on a property.I have access to public recorded documents, such as mortgages on properties, however on properties that have multiple mortgages to the same person on the same house through the same lender, i cant seem to determine which lien holder position is foreclosing (1st mortgage or 2nd mortgage).