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1 April 2024 | 4 replies
An added bonus is that you will also boost the portion of your payments going to interest, which increases after-tax cashflow.
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3 April 2024 | 24 replies
Say a 550,000 loan with 25% down at 10% interest on 15 yr vs 30 yr. 15 yr monthly payment-- $4,40030 yr monthly payment -- $3,600Does not include property tax
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2 April 2024 | 13 replies
I suggest Nevada because of the proximity to CA, landlord friendly, and low property taxes.
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1 April 2024 | 20 replies
You can cash out refinance, allowing you access that equity tax deferred.
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1 April 2024 | 5 replies
A local credit union also mentioned something called a "savings secured loan" which can be used for anything (even going on vacation), but I don't know if there are tax benefits to that and I don't think I can do that under an LLC.
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1 April 2024 | 22 replies
Then they are required to answer whether this is a service animal, or an emotional support animal.The vast majority of people who lie about the status of their animals, claim that it is a service animal since that typically confers the most rights to the animal.
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2 April 2024 | 59 replies
I actually deleted the end of my post about the potential of filing a frivolous claim and facing sanctions and/or discipline, then having client sued and later facing a malpractice claim... but lol yes you and I are on the same page.
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1 April 2024 | 36 replies
Someone still has to cover taxes, insurance, and upkeep during the foreclosure.
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1 April 2024 | 6 replies
So essentially you will need money for ten percent of the purchase price, the first portion of the rehab, and holding costs to pay the hard money payments monthly and taxes/insurance.
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1 April 2024 | 27 replies
I wanted to start a thread specific to wholesalers in Southern Ca. because going though some old threads there are tons of BPers claiming they are getting started in wholesaling in the L.A. area and then they are never to be heard from again.