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27 July 2014 | 7 replies
LLC won't matter, it doesn't affect taxes.
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18 August 2014 | 6 replies
Key to wealth is to buy, hold, gain equity and repeat.
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1 July 2020 | 10 replies
You should be able to repeat the process at least once and possibly twice before the banks hassle you about buying as an investor if you can explain a personal reason for the move to the next property (better neighborhood, closer to work, more sqft, etc.)
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28 July 2014 | 3 replies
You can repeat this process over and over again.
27 July 2014 | 2 replies
Here is the scenario. I first started out with a 680 credit score when I approached my loan officer (at Suntrust) back in March and he gave me a 3.75% interest rate, I'm still looking for a property up to now and my c...
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31 July 2014 | 8 replies
I think it's mostly going to affect whoever is overpaying for these houses.
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29 July 2014 | 2 replies
But I'm not sure how taxes and such would affect your rate of return when dealing with bringing returns back home.
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31 July 2014 | 6 replies
Even so he is initially pulling out his 16,000 and then some after costs to redeploy and repeat.
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1 August 2014 | 3 replies
You can purchase the property with a personal FHA loan, transfer the title to your LLC, eventually refinance out of the FHA into a conventional, RINSE & REPEAT.
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30 July 2014 | 18 replies
Just move on to the next and remember the mistake so we don't repeat it.