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29 February 2024 | 8 replies
If you have sufficient income to max out your fica/se tax, then its really not "hurting" you.
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2 March 2024 | 11 replies
Really and how will he do this with zero income, and only 50k ?
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1 March 2024 | 28 replies
This will reduce your kids' costs.7.
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2 March 2024 | 5 replies
That would eliminate my current ~$1100 monthly cost of living renting and pay for the house itself with rental income
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3 March 2024 | 5 replies
The comps were from 2021, nothing recent now that prices have risen exceedingly higher and they got my rental income too low based on rents that were 1/4 of what they are currently.
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1 March 2024 | 3 replies
Technically, your leverage may be reduced because of seasoning, but you can still get it done.
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2 March 2024 | 2 replies
Individually, they can't qualify with income, but as a group, they're well above my requirements.
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1 March 2024 | 39 replies
Like all towns with high crime, it's not entirely bad, but you do run the risk of lenders wanting to reduce LTV to reduce risk due to the area (if you're going DSCR anyways).
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29 February 2024 | 4 replies
In many states, the last month's rent is or at least was an addendum to "security deposit" so much so that most renters no matter the state will tend to still ask to apply their remaining amount on deposit (last month...
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2 March 2024 | 43 replies
We have been seeking more a more passive income stream for the last couple years and are planning to unwind (sell) our portfolio of single family rentals.