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8 June 2024 | 4 replies
Check that the information is accurate, then try again.There are many websites where individuals can purchase fake credit reports, pay stubs, letters of hire, etc.
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7 June 2024 | 0 replies
Purchase price: $95,000 Cash invested: $30,000 This was my first rehab.
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7 June 2024 | 9 replies
I'm trying to understand how the financing works; Let's say I get a mortgage on the property, but only own for 6 months, as I've purchased, renovated, and made the sale to the next owner.
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7 June 2024 | 0 replies
Purchase price: $325,000 Cash invested: $5,000 Sale price: $389,900 This was a quick wholetail deal!
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10 June 2024 | 35 replies
This could provide funds for an EMD without needing a personal loan.Bridge loans - While not specifically for EMD, bridge loans are a short-term financing option that can help fund a purchase before you have access to longer-term financing or funds from selling another property4.
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7 June 2024 | 5 replies
What side of town did you buy on and how many units was the property you purchased and what was the price?
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7 June 2024 | 8 replies
Since the home is so new, the title is likely fine but you'll want to make sure you're aware of any liens on it (likely the case if its purchase was financed).An ADU is not a bad idea or even bring in another trailer if the county will let you.
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7 June 2024 | 3 replies
A potential issue I will point out is that I’m pretty sure you need to put into service the property in the year you purchased it, at least for bonus depreciation.
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7 June 2024 | 5 replies
Financial freedom requires a passive income that meets three requirements:Your income outpaces inflation: Inflation continually erodes the purchasing power of a fixed amount of money.
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6 June 2024 | 16 replies
Hello,I am interested in purchasing a short term rental in the Ludlow, VT market but am struggling to cash flow in my analysis.