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1 April 2024 | 10 replies
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M.
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3 April 2024 | 8 replies
In that case, have you considered the option of using the HELOC to purchase the home & make renovations - while then renting it out for the time being, instead of worrying about renting out your current home (with flood concerns)?
3 April 2024 | 8 replies
@James Bakun, A simultaneous exchange is the only other option other than what @Melanie P. laid out.
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3 April 2024 | 7 replies
All of my rentals involved a reasonable amount of renovation.
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4 April 2024 | 6 replies
You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.
3 April 2024 | 6 replies
It's wise to thoroughly discuss your options with the property management company, consider your needs, and ensure clarity on contracts, insurance coverage, and benefits arrangements before making a decision.
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2 April 2024 | 32 replies
Then break out all the various options to him and then explain the advantages to each to include the tax strategies/implications that go along with each and how these options would support his goal.
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3 April 2024 | 8 replies
Other options would be an LLC owns both homes and you each own half the LLC.
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2 April 2024 | 7 replies
Hello,I am hoping to gain some advice in deciding between multiple HELOC options.
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1 April 2024 | 7 replies
Conversely, a cash-out refinance involves replacing your existing mortgage with a larger one, providing a lump sum in cash but potentially increasing your monthly payments.