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24 January 2025 | 0 replies
Additionally, I wanted to begin using properties to pull equity to go towards buying more.
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3 February 2025 | 25 replies
Once I sell that I’m gonna convert to a fourplex and do the ADU.going through cash quickly and also using credit cards when possible like to purchase materials.
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1 February 2025 | 30 replies
I'll just add that in addition to offsetting future tax liability, I'd like to offset current taxes as well, during my highest earning years.
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9 February 2025 | 33 replies
Would love any additional info and the chance to check it out!
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21 January 2025 | 6 replies
My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.
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29 January 2025 | 9 replies
If it is a credit/equity line, you could provide a lender letter that the funds are available immediately for funding - and cured any recission period.
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29 January 2025 | 3 replies
In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.
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2 February 2025 | 4 replies
So, many people choose to operate in their own personal name but buy an additional umbrella policy to protect themselves from liability.
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21 February 2025 | 15 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).
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2 February 2025 | 5 replies
That quote will be the basis for any additional damage request.