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5 April 2020 | 2 replies
I'd love to hear stories from people that are making $5,000-$10,000+ per month in profit from rental property investing.Here's why: I'm in my early 30's and run a successful business with a comfortable salary, so now I have two financial goals:1.
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13 April 2020 | 1 reply
You can also directly message me as well if you are not comfortable putting it in the comments section - looking forward to reading your answers!
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7 April 2020 | 4 replies
So This was me when I was a wee lad, and the way we did it was my dad issued me a 1099, I believe there are limits where the child may not have to file a tax return, but I filed anyway because I was able to put that money into a Roth IRA because having a Roth IRA at 13 gives you so much time to compound that money tax free.
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9 April 2020 | 2 replies
If you feel comfortable doing your own books, you could do it as it should not be overly complicated with a few properties.
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9 April 2020 | 11 replies
You can take all that cash (that you created) out of the deal provided you a.) have it leased so that the house will still cash flow with the new mortgage PITI, and b.) feel comfortable with that amount of leverage on the property.
9 April 2020 | 1 reply
Title will be on both of us, morgage only on me.3) 31 years old4) a stable job at a large corporation that I started 6 months ago: $159k base salary+10% bonus+$15k special bonus+$16k in stock for next 4 years (vested annually); good health insurance5) $10k car loan6) no other debt7) pregnant wife (1 child coming soon)8) wife is a university student and still has 2 more years; $16k in annual tuition.
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10 April 2020 | 16 replies
Is it fair to say that everyone has their own viewpoint or investing niche that they feel comfortable with?
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13 April 2020 | 10 replies
Your question focuses on the Borrower, but also be sure to feel comfortable with equity protection.
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9 April 2020 | 0 replies
That provided me with a sense of understanding how much the homes are worth and a level of comfort.
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9 April 2020 | 1 reply
I would also try to make sure I understand why the lender wasn’t comfortable with the rehab.