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30 June 2020 | 0 replies
With $150-250K in unsecured business credit lines and cards, you can: Buy investment properties Borrow the down payment to combine with a normal mortgage Renovate properties Expand your lead generation marketingYou draw on the credit line, then pay it back at your own speed.
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6 August 2020 | 19 replies
You can use this remaining amount, either on its own or in combination with a down payment, to take out another home loan in the future.
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1 July 2020 | 5 replies
The insurances will be a combined $2,000/year and taxes will be about $1,400/year.
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8 July 2020 | 4 replies
My wife and I found another couple who wants to combine all our our finances together and purchase a duplex.
1 July 2020 | 2 replies
You can also bring in a partner that can help your combined credit profile
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9 August 2020 | 6 replies
Market rent for both units combined is around $4200.
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1 July 2020 | 7 replies
@Melody RobinsonWhat you are saying is absolutely possible and a way to leverage your LLCs; by acquiring lines of credit in the LLCs and using those funds for purchase, repairs, gap funding in combination with hard or private money, advertising expenses, or any other business related expense.
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8 July 2020 | 6 replies
This, combined with the fact that no conventional, institutional, or hard money lenders will lend down payments, makes a purchase under your circumstances extremely difficult, with very limited options.The options available may be so costly that you may be better off trying to “wholesale” the property.
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2 July 2020 | 4 replies
But $500k in debt did initially lead to $360k combined salary--we just didn't realize how miserable we would be in those corporate jobs.
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1 July 2020 | 0 replies
I am looking to do a house hack with a 4 Bed 1.5 Bath and a 1 bed 1 bath that are on the same parcel listed for $130,000.I’m looking to get a combined rent of 1200 while I live In the larger house with friends and around 1400 once I move out.Think I could get a loan for around $800 a month or less?