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10 February 2025 | 7 replies
Hi Joshua, the amount of down payment also changes with the cost of the property, so starting with a less expensive property may be smart (for multiple reasons).
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7 February 2025 | 12 replies
Some even offer preferred interest rates as low as 5.75% at no cost to you.
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7 February 2025 | 6 replies
House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment.
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7 February 2025 | 13 replies
They told me the agreement was unfair and that I would never be able to truly grow while giving away 50% of my profits AND paying all the expenses.
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10 February 2025 | 4 replies
Having the property on your tax returns will help to wipe the mortgage expense with proposed rental income, making it easier to qualify for your next primary residence purchase.
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5 February 2025 | 8 replies
Or you can offer a low enough price to make sense.
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2 February 2025 | 17 replies
The 15% tax hit is a one time expense, versus 4.3% is annual interest.
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27 January 2025 | 9 replies
When you charge under market rent, the IRS deems that you do not have a profit motive and, therefore, disallows all rental expenses.
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3 February 2025 | 4 replies
Padsplit seems like a neat idea to me, but seems expensive.
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1 February 2025 | 5 replies
@Bryce Nurding Rates are close to a 2 year low.