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Hello all! I am based out of Los Angeles and I’m working on a long distance BRRRR deal in the hilltop area of Columbus, OH. I am planning to use Longhorn Investments hard money loan to fund the project. They’re asking...
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Hiii, I currently own a duplex that I am house hacking, I have had the property for two years now, its an FHA loan at 2.7% therefore refinancing is not an option at this time. Bought my home for 640K worth 810K now, r...
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Hello all,
I have a rental property bought with cash (no original financing) and owned under an LLC. I later refinanced it. My insurance policy has recently been discontinued and replaced with a similar policy (reall...
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I am selling a property I own outright. I don’t understand why an owner would consider seller financing. I can only think of reasons not to: capital gains tax, loan interest rate less than the property’s cash flow, ri...
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... if the IRA runs out of funds to cover those expenses or pay for required repairs, etc. Example:IRA starting: $200,000Purchase property: $180,000IRA remaining: $20,000Repairs needed before being able to rent/lease ...
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I am lost and could really use some guidance from someone with more experience. Totally willing to pay someone for their time. I currently have one Airbnb property that is cash flowing about 15k/year and has been doin...
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I ran across this today. I am not sure about all of the details but this could be a great way in for a first time investor. what do you ladies and gents think? Any vets have any advice about this?
***Quicken Loans i...
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Im curious as to how to go about obtaining PML for a DSCR loan option. How would you structure a deal so that the private money could cover the down payment and fund the rehab in order to minimize money out of your po...
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My current situation:Stay at a friends property in an Accessory Dwelling Unit.Rent free.No primary residence SingleLow personal monthly bills.My question is, from strictly a financial perspective, would it make more s...
GOOD MORNING JUST A QUICK QUESTION ABOUT SAVING ON INTEREST PAYMENTS ON RENTAL PROPERTIES . WOULD IT BE GOOD IDEA TO PAY OUT A RENTAL HOUSE AND SAVE ON THE INTEREST ON THE LOAN OR LET THE LOAN RI...