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3 April 2019 | 9 replies
Essentially it is unsecured, but my friend trusts the RE agent (it's a friendship).
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4 April 2019 | 19 replies
You get lots of taxable deductions, plus when you pay your mortgage you are essentially paying yourself back.
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4 April 2019 | 27 replies
I was quite literally a hair away from my first LO deal but I hesitated taking the offer because the seller wanted to essentially split the LO fee.
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3 April 2019 | 0 replies
Essentially, the bank is capping me at an LTV that makes it necessary for me to do one of two things: Sell the shovel-ready development site to another builder, or 2) Bring on an equity partner to bridge the gap in my financing.
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5 April 2019 | 5 replies
Essentially making it harder for someone to sue you.Going back to the property I liked..
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4 April 2019 | 1 reply
This essentially kills my return.
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5 April 2019 | 5 replies
If you're building your own team you are essentially creating a whole property management company.
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5 April 2019 | 7 replies
They essentially drop there information off there and it gets scanned to me.
4 April 2019 | 2 replies
This means you essentially get a loan that pays off your existing debt on the home /mortgage (maybe none if you paid all cash) and you get a new loan to (R) epeat this process (you take this refinance money to use it towards the next BRRRR property)If you did this all correctly, the tenant will be paying your new monthly payment (refinance) via their rent plus some in your pocket to cashflow.
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5 April 2019 | 10 replies
It looks like the triplex deal would be very good since you are still living for free essentially.