7 February 2024 | 8 replies
We can comfortably provide a down payment over $100k, have a few hundred thousand in assets (i.e. equities, no property), have good credit (both over 750), no credit card debt.
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7 February 2024 | 11 replies
I do have good credit and the money for the down payment.
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7 February 2024 | 12 replies
Should I plan on using cash or is there a way to use equity for a down payment.
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7 February 2024 | 5 replies
In NC you can get $15,000 in down payment assistance through NCHFA as long as you make under $100,000 a year (varies in some areas).
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7 February 2024 | 9 replies
There are some interesting loan products that can lower your monthly payment which can help cash flow but these will come with trade offs.
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8 February 2024 | 17 replies
Typically investment properties requires 15%-25% down payment depending if it's a single family or multifamily.
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6 February 2024 | 14 replies
I'd suggest you understand the differences between lending and equity positions and follow the tried and true methods of partnerships, joint ventures etc.
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7 February 2024 | 9 replies
What if you reinvest the net income from one property into a second property before year end, resulting in a net loss for the year given the high expenditure of an second down payment?
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7 February 2024 | 13 replies
As such, payments that you make need to be prorated between business deductions and personal deductions.
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7 February 2024 | 0 replies
My tenant is also not the most tidy person there is but that is the risk vs reward you take for getting stable rent payments in a market like Cleveland.