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7 July 2024 | 6 replies
I am NOT interested in owning any more real estate (retired here man) so I had planned on just paying my 15% long term Capital Gains tax rate and moving on to my "safe money" retirement program of MYGA's / CD's and High yield Savings account / Bonds / some Stocks.
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10 July 2024 | 256 replies
Things like this about Scott have been coming out at an accelerated rate behind the scene so it was just a matter of time till the wheels came off if it continued and were not fixed.
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7 July 2024 | 3 replies
Typically closing costs are around 1.5-3% of the purchase price depending on buy down points, tax proration, etc.
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8 July 2024 | 4 replies
Another bonus - the lease payments they'd receive prior are taxed at a lower rate than interest.
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5 July 2024 | 3 replies
Working with mortgage brokers, gives you access to multiple DSCR lenders who have different guidelines depending on the lender.
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5 July 2024 | 6 replies
Of course rental rates will likely increase by the time we are ready to rent.
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5 July 2024 | 19 replies
Hey Lucas, You could finance your first BRRRR and it may be a smarter strategy than deploying all of your liquid reserves into one property for the next 3-12 months (Depending on the loan for the refi).
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7 July 2024 | 0 replies
The borrower needed $65,000 and was offering a 25% flat rate.
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7 July 2024 | 19 replies
You can get discounted REO deals from $50K to $100K with a potential ARV from 20% to 40% or more depending on many factors.
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7 July 2024 | 5 replies
We use Jurny but depending on the county they may not be available to you.