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25 September 2024 | 1 reply
If you use something like Quickbooks it can track loan as it gets paid off so you can easily see how much is owed at any time.
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30 September 2024 | 3 replies
Is this simply stating that for that time period I cannot disclose this or any info from their firm for 2 years?
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2 October 2024 | 11 replies
HI StuartThanks for the detailed reply.Part of the research process for me is posting in the forums and hearing a variety of responses, since many times online sources are just promotion of services that solve a problem related to the search term.
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28 September 2024 | 4 replies
Because buying a one-off in those areas and then paying property management is going to cut or kill your profits.If you are doing OOS, you should focus on more turnkey or rent-ready over value add because as a new investor, you are going to lose money on the remote rehab.With a prior bankruptcy, an FHA loan, and 50k from someone else or inheritance, I would think a little more solid about how you want to invest.
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1 October 2024 | 4 replies
I haven’t dealt with one on any of my deals while in my time lending but on the residential side gap funding comes up on a weekly basis.
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1 October 2024 | 1 reply
We’ll get there, one deal at a time!
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1 October 2024 | 1 reply
When you buy determines your short/long term capital gains.The "in-service" date = The point in time when you can start taking depreciation from.
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30 September 2024 | 8 replies
The plan is to go part time at first and then full time by 2017.
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1 October 2024 | 0 replies
We now hold it as a rental property that cashflows well with a 2.75% interest rate (got lucky with the rate environment at the time of purchase!)
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25 September 2024 | 5 replies
I am grateful to any kind people here that can give me any insight on how I can make decisions that can benefit me financially.