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I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
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To me, the most important tax worksheet is the Qualified Dividends and Capital Gain Tax Worksheet on Page 36 of the 1040 Instructions.
Line 9 of the worksheet says: "This amount is taxed at 0%" What is line 9? It's (...
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Hi, all!
I own a duplex (purchased 2017) that I rent out both sides of (at market rates) and refinanced in 2021 for a great rate of ~3%. In 2022, my total mortgage went up by about $400/month due to escrow adjustmen...
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Hi all! I'm about to close on my first rental property (yay!) - a quadplex in the DFW area with all units rented below the market rent (about 20% below). How would you go about raising the rent - Would you wait for a ...
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Hey BP fam, I am doing my first flip in NY and would love if you could share a SOW sheet that you have used. Thank you sooooo much
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Hi, I'm trying to figure out what to expect in terms of closing costs as a percentage of purchase price for cash purchases on homes priced under $30,000.I know I'll save on credit report fees, loan origination, and ti...
My friend has a water loss and damages in a rental property.
The adjustor came and had estimate already.
No injury.
But the insurance company finding all different excuses to delay my friend’s claim payment for ...
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In a 5/1 ARM loan can the bank agree to a higher fixed interest rate for a 30 years mortgage when the 5/1 ARM loan is setup or do you have to wait after 5th year and then you will need to refinance into 30 year fixed ...
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Hi Folks,
Fixed Rate Mortgages in California
Fifteen-year mortgage rates averaged to 6.13%
Thirty -year mortgage rates averaged to 6.43%
Adjustable Rate Mortgages in California
Adjustable rate mortgages averag...