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22 May 2024 | 6 replies
You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the financial decisions you are making throughout the year.Good luck.
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22 May 2024 | 10 replies
You will also want to confirm the loan and asset values minimus.
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21 May 2024 | 4 replies
My opinion reviews your financial situation first because jumping into real estate or real estate investment you will need at least six months of reserves financially self-sufficient to support yourself.
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22 May 2024 | 3 replies
I have no idea how much equity they have on the property.So say the property is listed at $500K, can you get a DSCR loan for say the 70% first position, and have the seller finance the 30% down payment in second position, all while they're trying to 1031 that property into another another one.Assuming it *is* possible, what would the benefits be for the seller, tax-wise or what would be the ideal strategy here for both buyer and seller?
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21 May 2024 | 1 reply
Additionally, Millennials rely heavily on online platforms and mobile apps for property search, virtual tours, mortgage applications, and transaction management, reshaping the way real estate transactions are conducted.Delaying Homeownership and Embracing Renting: Despite their strong desire for homeownership, many Millennials face financial challenges, including student loan debt, stagnant wages, and high housing costs.
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21 May 2024 | 53 replies
It's like the crack of the financial world, nothing good can come from such a scheme.
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23 May 2024 | 12 replies
I'd drive around the and find a few multifamily communities that you could see your self living.From a financing perspective, new agency guidelines are allowing for a 5% down conventional loan product on properties less than four units.
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21 May 2024 | 4 replies
That is a beautiful thing for a single income household but is nowhere near enough to reach the financial security and lifestyle I would like for my family.
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22 May 2024 | 11 replies
Financial risks, such as unexpected repairs or vacancies, can also impact your cash flow.
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20 May 2024 | 3 replies
I have a legal business in the U.S. that has been open 1.5 years and I'm wondering if anyone has any good recommendations for a personal or business loan that will give me the best rate for this purchase?