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16 April 2024 | 8 replies
As others mentioned, talk to an attorney the first time around.One important thing to note is that this will change your financing options (if under LLC vs personal).
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16 April 2024 | 10 replies
I’m sure a lot of you know the market is booming here and it has been difficult to decide which route I should take that would make financial sense and put me in a good spot to build my portfolio moving forward.Here are the current options I’m considering: • Option 1 House Hack: Purchase a multi-family, live in one and rent out the others.
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16 April 2024 | 11 replies
We have done some searching ourselves and started sending out letters to generate leads, but we're curious if using a wholesaler would be a better option.
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15 April 2024 | 26 replies
Federal tax liens attach to all of your assets simultaneously, and the federal government’s security interest supersedes that of any other lender or creditor.The federal government’s superior security interest can be subverted by the mortgage lender, however, if it wishes to foreclose.
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12 April 2024 | 4 replies
Hello,If I have two bank accounts one for the rent and for the security deposit, do these accounts have to be in both me and my wifes name if we both own the house?
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16 April 2024 | 4 replies
You have a lot of options so make sure you add a good Banker to your circle or Network to help you explore all of your options.
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16 April 2024 | 1 reply
After rehabilitating the property, you can refinance into a DSCR loan if traditional financing isn't an option for you.
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16 April 2024 | 4 replies
I'm guessing it would be easiest for them to come two weeks before their move in date and get an Airbnb and tour different options and make a decision quickly like you said.
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16 April 2024 | 5 replies
You will be eliminating a tax break that can be hugely beneficial to you as you enter retirement.You're most financially beneficial option would be to sell those properties and do 1031 exchanges into other real estate that is passive in nature.
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16 April 2024 | 12 replies
Take a good look at your budget and explore different financing options, such as traditional loans, FHA loans, VA loans, and private financing.