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6 July 2024 | 11 replies
And if you later on realize it's too risky for you, then a simpler house hack would probably be better to get you started in REI with less risk than a flip.
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7 July 2024 | 6 replies
On that $x, you can defer $x of your gain, which would then be deferred from 2024, and taken into income on 12/31/2026.Working with your tax advisor you could toy around with what is the right amount to defer from 2024 until 2026, and just invest that amount.
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2 July 2024 | 18 replies
It was an interest only loan with 12 months payments and then ballooned.
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7 July 2024 | 12 replies
However, like John Kent mentioned, if the first VA loan is assumable, and is seen as "paid-off" in the current owners name, then he would be eligible for another loan with 0 down.
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6 July 2024 | 21 replies
If at least 1 is no, then you pry don’t have a leg to stand on, just another failure of the due diligence fee structure.
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7 July 2024 | 7 replies
As long as this 4plex would be in a high-cost area then conventional would still be a possibility for you.
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6 July 2024 | 12 replies
If not, then likely you will have to pay per trip as the person going will vary greatly depending on the task.
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6 July 2024 | 0 replies
Was purchased as our primary residence, then we moved and have been renting it out.
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7 July 2024 | 9 replies
- Know the property numbers: I would recommend AirDNA (paid version) + enemy method to factor income then back out all expenses properly- Know yourself: Why do you want an STR?
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6 July 2024 | 11 replies
We actually had some cap ex things come up, but I think if you handle them out of the gate then you don’t need to worry for 15-20 years or more.