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How Important is it to Leverage Other People to Run Your Business Successfully?
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Going into 1031 exchange as a newbie...question for the experienced folks. I have enough for possibly 5 properties...some tell me get 5 and leverage as much as you can. Some people tell me leverage 2 or 3 and pay them...
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Hello BP'ers !I currently have 2 properties 6 units on total. One in my name, the other in my wife's. The original goal has been to buy 4 properties using our FHA/Conventional 5% down. Should I care about over-leverag...
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How much financial leverage does everyone prefer?
Is it personal preference or is there a correct amount?
Thanks.
Kevin
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I have been looking into a business Line of Credit and have a few questions:- I notice that some people can obtain a huge Line of Credit based on a very small piece of collateral (let's say a $500k LOC on a $100k coll...
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I have a plan that I'm throwing around. I currently own one rental property that is paid off. Cash flowing around 500 a month. I have a primary residence, house is worth 135k and I owe 65k. My current income is a...
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So I don't really understand the whole Refi and HELOC situation... I have a few questions.What are interest rates usually like compared to traditional residential mortgages?What is the difference between refi and helo...
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Hello BP, I'm part of an investment group that own 2 properties free and clear that's valued at $200,000 as-is. Is it possible to use these as leverage to get financing to rehab them? We dont want to pay anymore out o...
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Hi all, I have two properties CA full time residence and MN vacation home. We own the MN house free and clear (a very small house) worth 180k and a CA house worth 850k with a $3000 per month house payment and a 415k l...
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Hello BP-
I have a strong performing rental townhouse. Total debt service/tax etc $1704, rented for $2400. Is there a way I can borrow against that cash flow to get a loan for another rental property? If so- what wou...