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19 July 2024 | 5 replies
So, you need to be sure it makes sense as it does not always do so.Also, keep in mind, line of credit are for short term cash needs NOT long term for example a down payment on a property you plan on keeping for the long term.
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18 July 2024 | 40 replies
Jair keep in mind “ having family” can not counter balance any additional expenses to purchase in Houston vs DFW for instance.
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18 July 2024 | 6 replies
Quote from @Patrick Padovano: Since your father is helping you build, I assume you can build the home cheaper than if you hired an outsider, which means it may cash flow nicely.
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19 July 2024 | 0 replies
[Source: Census Bureau]TP: This increase in MF supply should help to keep rental rate increases in check, which should also be good news for “shelter” costs and overall inflation.A 5% cap on rental rate increases?
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15 July 2024 | 9 replies
Is there a legal way or paperwork I can use to keep my freeloading siblings from moving into the mobile home?
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19 July 2024 | 5 replies
Also, a teardown means even more costs so...
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19 July 2024 | 21 replies
JustinPersonally I'd use it to buy off market using creative finance keeping a healthy amount in reserves.
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17 July 2024 | 7 replies
Keep in mind, if doing an LLC, everything must be done through that LLC - mortgage, bank accounts, rent collection, insurance policies, etc for there to be a wall between you and whomever would target a lawsuit against you or that property/LLC.~ Lindsey
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19 July 2024 | 6 replies
If there is a plan, like you're going to Austin for a year and know you will return, then I'd keep it and try to rent it.
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19 July 2024 | 4 replies
Hey Brian,Here are some key considerations if you're looking to re-sell the property under the same "subject to" arrangement:Due-on-Sale Clause: Most mortgages have a due-on-sale clause, which means that the lender can demand full repayment of the loan if the property is sold or transferred to a new owner.