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15 December 2024 | 30 replies
Use the tools in BiggerPockets or others like Rentometer.com and Deal.io.
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15 December 2024 | 18 replies
What you have described is essentially what I would love to accomplish in the next two years.
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15 December 2024 | 18 replies
The DSCR loan is a great tool because it's looking at the income potential of the property, not just your personal finances.
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13 December 2024 | 5 replies
With larger projects come bigger budgets, and tracking your cash flow becomes essential for profitability.
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16 December 2024 | 1 reply
To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.
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13 December 2024 | 6 replies
The activity is essentially no longer subject to the passive activity rules, so even if your modified AGI exceeds $150,000, you can take the suspended losses in year of sale.
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18 December 2024 | 15 replies
You can use this tool to estimate future property taxes: https://treas-secure.state.mi.us/ptestimator/ptestimator.asp
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13 December 2024 | 2 replies
Key Steps Before ProceedingContact the Loan Servicer: They will guide you through the assumption process and confirm whether an entity can participate.Consult an Attorney: If you’re considering title transfers or joint ventures, an attorney familiar with VA loans can help you navigate potential risks.Understand Due-On-Sale Clauses: Ensure any post-assumption changes comply with the loan terms to avoid triggering repayment demands.Final ThoughtsVA loans are a unique and valuable financing tool, but the program’s focus on personal borrowers makes entity-based assumptions unlikely.
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15 December 2024 | 7 replies
So, essentially the money from the ultimate buyer can NOT be used by the intermediate buyer to close on their purchase since that would be using money from a purchase that can not occur until the prior purchase has been completed.
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12 December 2024 | 6 replies
@Monica Juarez-Gonzales Cost Seg and Solo 401k are both great tax and financial tools!