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3 March 2024 | 9 replies
Perhaps I will send over the loan agreements for the nearly $13M in real estate debt I originated in the last 90 days as the sole gaurantor so you can point out where I tripped up and perhaps you can even explain to me what I signed :)
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5 March 2024 | 28 replies
It's been 15+ years since I was last in Detroit / Dearborn and back then Detroit was a ghost town.
4 March 2024 | 4 replies
-Laith Check out this article published on BP last year on all the options for BRRRR investors when it comes to financing (pros/cons/etc.)
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2 March 2024 | 16 replies
No doubt that house hacking has become more challenging in the last few years but it is often still a much better option compared to both renting and buying a primary home just to live in.
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4 March 2024 | 4 replies
Hi Nate,You can ammend your taxes going back 3 yrs.If it wasn't your primary residence over the last 3 years than you should be able to treat it as rental and recoup expenses.
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4 March 2024 | 11 replies
The best is detached, then townhouses with no units above or below, then condo/apts with tenants above and below as well as on both sides in last place.David KrulacBigger Pockets Podcast #82
4 March 2024 | 3 replies
If you need any guidance, feel free to connect.How has your journey been so far since your last post?
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4 March 2024 | 8 replies
@Shafi Noss Thank you...I've looked into Gap funding as a last resort...lol
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4 March 2024 | 4 replies
I did more research last night..For now the plan is to:- close on the house just under my own name.- quit claim the property into a series Ohio LLC in the near future.- open a business checking under the LLC- open a savings to hold the deposits- open a CC under the LLC (Amex blue business 2% cashback on all purchases up to 50k, then 1% cashback on the rest, Very unlikely I'll be spending over 50k a year on just the one property)After further research it looks like everbank actually does offer 5.1% HYSA and business checking accounts with no monthly fees.
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4 March 2024 | 8 replies
We used Stessa for the flips last year, but as I've increased the number of flips, tying expenses to the appropriate project has become a bear and I'm wondering what others do.