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17 March 2024 | 12 replies
The difference in his payment was $14.58...Your main focus should be the closing costs.
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16 March 2024 | 5 replies
You may need an experience partner, capital or equity partner(unless you have the down payment), a high level contractor prepared for the various building types. rent rolls, proforma for the buildings.
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16 March 2024 | 12 replies
if your mortgage payment net of rent is equal to or less than what it would be renting, it's a better choice.say you could A. rent for $2000, or B. have a $3000 mortgage and collect $1200 in rent.
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16 March 2024 | 3 replies
Probably not an issue for seller financing, but make sure there are no prepayment penalties.You can calculate payment and balloon amount easily enough with excel or google sheets.
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15 March 2024 | 6 replies
i would stick to upto 4 units not to cut out the house hacker buyer pool
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18 March 2024 | 35 replies
They qualify you based on credit, down payment + reserves, and the projected rental income.
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16 March 2024 | 2 replies
However, it is likely that I will want to use my commissions to fund repairs, use as a down payment, or even cover expenses on these investment properties.
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16 March 2024 | 1 reply
People just getting started often have questions about how to get money for the first down payment.
16 March 2024 | 5 replies
He may have contractors in the area, and or realizes that price appreciation is going to occur.3.If the property is held in a retirement account, no tax will be due on the interest payment received, either Federal or state.
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16 March 2024 | 3 replies
(interest rate ranges and months)What is the typical down payment?