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Hi guys, first property buyer here! Woo!I'm talking to a lender, and since I don't currently own anything, he's suggesting that I go with a primary residence and rent it out under that proviso rather than making it an...
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Hello,I do understand that funds in SDIRA could be used to buy investment property. The process as I understand is we create a trust account and the SDIRA would be owned by trust and managed by IRS approved administra...
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Do you know of anyone who converted their primary residence to a rental property (in San Francisco area so selling for more than $2 million) before selling it later under a 1031 exchange? Obviously, only makes sense t...
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Investment Info:
Single-family residence buy & hold investment in Key Largo.
Purchase price: $205,000
Cash invested: $50,000
Primary residence - officially free and clear -----> 8 years of ri...
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I am currently building my primary residence here in Ohio. My home will be complete in November of this year. Total cost of the build was 425K. I will be carrying a 350K loan on this property. As of January of 2021, i...
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Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $54,000
Cash invested: $3,000
House hack, Current residence, house was turned into duplex, after bi...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $205,000
Cash invested: $20,000
Sale price: $425,000
Bought as a primary residence, owner-occupied interest rat...
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Investment Info:
Single-family residence other investment.
Purchase price: $435,000
Cash invested: $52,000
Personal Residence Renovation: Purchased off the MLS within 8 hrs of hitting the market for ...
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Investment Info:
Single-family residence other investment.
Purchase price: $435,000
Cash invested: $52,000
Personal Residence Renovation: Purchased off the MLS within 8 hrs of hitting the market for ...
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I have considered paying $85 per month for mortgage insurance which would pay off my mortgage for my posterity. It has also occurred to my I can take the same $85 and simply pay the principal down each month. Thoughts?