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5 April 2024 | 2 replies
.- Small notes section to elaborate on property calculations, such as noting the calculation was based on a loan assumption or short term real estate strategy - Ability to edit name of calculation to something other than the address.
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6 April 2024 | 5 replies
Since this isn’t a “fixer,” and you’re going the FHA route, you’d have to go out-of-pocket for the remodel/upgrades or get a construction loan based off the ARV, which is generally going to require 25-30% down unless you go with private money, which will have much higher interest.I see it’s pending, so maybe you got it under contract, but if not, I know you can find a good deal out there, even if it’s a smaller starting point.
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4 April 2024 | 28 replies
*Most* of the time it is better to start off investing someplace you know intimately than picking cities out of a hat based on statistics you read on a screen.
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5 April 2024 | 5 replies
It is common that sometime floodplain maps are not always up-to-date based on current conditions, and thus you site may actually be above the floodplain elevation.
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4 April 2024 | 0 replies
Fast forward to today, and they've fine-tuned this tool so well that it's like having a crystal ball for home values, nailing down prices with jaw-dropping accuracy.But the real game-changer is something they're calling a "housing super app."
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5 April 2024 | 7 replies
You are in the same boat as we down here in the Dallas, TX areas... rates and the base % of Deductables are going up!
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4 April 2024 | 12 replies
The deal can make sense with a big credit and price drop in my opinion.
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5 April 2024 | 9 replies
Call me difficult all you want, but I'm posting an important warning to the BP community: you cannot set your S-corp salary based on some rules of thumb, such as this 60/40 urban myth.That said, there is also no such thing as paying yourself out of a disregarded entity and no such thing as an LLC "owned" by an S-corp.Now you make me guess what your actual setup and your actual intention is.
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3 April 2024 | 3 replies
Consulting with an independent insurance agent can also provide personalized recommendations based on your situation.
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4 April 2024 | 6 replies
You may also get lucky and be at 80% LTV to drop off the FHA MIP monthly insurance.