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We have 250,000 equity in our primary home. Does it make sense to pull the equity out to purchase cash flowing properties?
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I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $125,000
Cash invested: $25,000
Duplex 2/2 each side - walking distance to the beach. Could raise the rent ...
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I am brand new to real estate. I just passed the exam and applied for my license this week. I am not planning on working as a real estate agent for my career. Rather, I chose to get the license so that I can negotiate...
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I have just been able to purchase my first 2 properties with cash. I had to do so as I am permanently disabled so have very little verifiable income. I did use nearly all the cash I was able to set aside to do so...
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I am about to purchase my second property with almost 100% financing & equity from my first property. Goal is to buy a third a year or two after that. Question is do I use any extra money I have to pay down the mo...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $50,000
Sale price: $235,700
My first flip
What made you interested in investin...
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I have been in my home for 7 years and have accumulated some equity and wouldn't mind using this to buy a rental
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Isn't it just cash directly into your net worth?
When everyone talks about clearing $100 a month for their rentals are they counting principal paydown as part of income or expense?
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Hello all,I'm in Denver market and will be moving out of my primary residence, a SFH I've been living upstairs and AirBnB the basement doing my own cleaning. When I move out I will be renting out my upstairs as LTR. F...