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18 October 2021 | 2 replies
In order to grow to the next level, I want to bring on friends and family to reduce the amount of equity I have in the deal.
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15 November 2021 | 6 replies
This will reduce the overhead costs of LLC annual fees / registered agent fees.The more states involved, the higher the annual LLC fees / registered agent fees.
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12 October 2021 | 33 replies
(median prices here are ~ 300K), considering rent, I do see folks demanding 2k per month in this area which requires household income of atleast 5-6k (thats 60-70K)..I do believe thats quite high but I am seeing those homes get filled up too...however reducing by 100-150 does't hurt either..In conclusion if musk pays most of the production workers , engineers well (stock being a must here), DV should be OK?
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31 October 2021 | 19 replies
Why not bring in additional LPs to reduce each LP's ownership percentage?
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9 October 2021 | 6 replies
Find ways to make more money, reduce your debt, and increase you credit core your buying power will improve.
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13 October 2021 | 21 replies
Especially being a person who keeps zero balance for mental happiness, this can be stressful.
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17 October 2021 | 5 replies
You'll probably get better tenants, might be able to charge higher rents, and will have WAY less stress.
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19 October 2021 | 5 replies
Waited until this sat on the market for a month and a half and the price reduced 5K.
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10 October 2021 | 23 replies
And my clients have to scramble (usually then choosing to talk with one of the local lenders I told them about) and we get to closing....they're stressed out, and I'm like "local lenders have a brick and mortar office you can go to, sit and talk with them eye to eye, and they have a track record with my past clients"...local lenders most always out-perform the large national lenders that advertise how great they are.Often, people will end up refinancing after 1-5 years anyway, so the absolute lowest rate is often a moot point.
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9 October 2021 | 3 replies
Because you will be "overpaying" the "mortgage" it will snowball equity, quickly reducing your interest burden.If you did nothing else but deposit the whole rent payment into the account each month, you would pay off the balance in the HELOC within 10 or 11 years.