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29 April 2024 | 5 replies
You have to talk with your mortgage providers to see if they are allowing you to move them to an LLC.In rental is good to have an LLC for liability however for taxes there isn't a big difference in small investments.Your credit report won't show the mortgage anymore but you still have the liability in your history.
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1 May 2024 | 1 reply
Can anyone provide some guidance on the ideal move?
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1 May 2024 | 16 replies
I'm confused, can anyone provide some insight?
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29 April 2024 | 12 replies
Would you happen to know where to obtain a list of people in the beginning stages of preforeclosure?
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1 May 2024 | 4 replies
Do not provide substantial services 3. average stays of 7 days or less4. materially participate Primary Residence route:I presume that doing this route will:1) portray yourself less risky from a lender's perspective2) Less downpayment requirements.
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30 April 2024 | 7 replies
Small duplexes in need of work appear to be obtainable for around the high-300s to mid-400s.
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30 April 2024 | 14 replies
what happens if one partner wants to exit the property in the future and the other person doesnt ) 2) consider buying and financing it as a rental property or using a DSCR ( debt service coverage) type loan 3) consider additonal co borrowers that are strong ( relatives ) 4) obtain a new job that has a salary that can be used 5) wait to buy unitl you have the seasoning for the variable income
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1 May 2024 | 10 replies
A 1031 exchange would likely only cost you a fee, plus impose rules on how to use your sale proceeds and when, without providing a tax benefit.
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2 May 2024 | 7 replies
You really need a team that provides rentals, All the best
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1 May 2024 | 1 reply
I have a wealth of knowledge I can share with you and provide you with some good insights into markets to avoid and those to pursue.