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24 January 2025 | 5 replies
If the business sells (it’s currently listed), the rent payments would stop, but I’d still own the property as an asset.
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20 January 2025 | 3 replies
Where are your fixed rate notes at and their respective monthly PITIA payments ?
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19 January 2025 | 47 replies
Your payments are known.
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17 January 2025 | 17 replies
Make that rent payment out to you and pick up a roommate.
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6 February 2025 | 58 replies
With $250k in cash, you can easily do down payments on 5-6 rental properties here.
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17 January 2025 | 14 replies
One has no mortgage, their other has a HELOC for around $20k remaining and is coming to its 10year term that was established before placing with LLC.My predicament is how/best way to pull equity out of either property for a down payment for the 3 family that is valued around $450k.
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21 January 2025 | 4 replies
All told, cash flow will be a function of your down payment and your management of the property.FL tourism continues to flourish.
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20 January 2025 | 7 replies
Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.
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18 January 2025 | 17 replies
This reduces your housing payment and helps you build equity.
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26 January 2025 | 11 replies
Does your mortgage include your property tax payments?