21 September 2021 | 0 replies
I used a zero-down VA loan.
29 September 2021 | 4 replies
I know using leverage is a great way to get properties but I did not know it was possible to truly obtain with zero money down.
5 September 2022 | 16 replies
So the IRS say your profit is $5830 minus $7272 or a loss of $1442, so you pay negative taxes (a credit) which is even better than zero taxes.
14 December 2021 | 19 replies
There is zero additional liability benefit to investing via an LLC as you are already a Limited Partner in the Syndication.
21 November 2021 | 4 replies
So if you wanted to have ZERO out of pocket, then you would need to offer $67,500.
19 November 2021 | 6 replies
@Geri May I'd recommend saving $ on the LLC and going with General Liability limit of $1M, and add an Umbrella policy if you feel you need higher limits.
18 November 2021 | 14 replies
All depends on what your goals and risk tolerance are.
17 November 2021 | 1 reply
To protect myself, I have an umbrella policy versus the LLC.
18 November 2021 | 3 replies
Typically zero closing costs, often you get access to more equity and you don't pay any interest until you draw on your line.
21 November 2021 | 5 replies
If you default, the lender has no recourse / protection (the lender takes back a property with zero equity in it).