Alright guys so I finally committed and bought my first house! :) Closing was definitely a new experience- I am glad I was able to use the stuff I read about over the several years of analyzing. Now to my question - G...
Can someone get into house hacking if they are only earning a part-time salary from their day job? How soon can that person quit their job they hate and go all in with house hacking? If that person's main goal is repl...
Is there any difference in taxes if I report $20k net profit made with:a] 100% personal cash (savings)b] 75% borrowed and 25% personal cash?
So I get that you use some sort of loan to buy a house if you dont have cash. Where do you get the 10 to 20 percent down payment from?Is that from savings? Hard money?If from a private lender, what kind of terms are g...
I am looking at a duplex in northwest GA just a little south of Chattanooga, TNI would need about $55 down. I have 20K from savings from an on line business that I will need to get out of and find a new way to bring ...
I have been listening to a lot of Dave Ramsey podcasts and he insist on getting out of debt before doing most things. I have about $18k in car payment left and $30k on the bank saved. I can easily pay off my car but t...
This goes to the heart of RE investment. The first step in investing is the ability to manage your money properly, so being able to save a portion of your income is key for the financial house to be in order. There is...
Do you have any recommendation for a budget/personal finance app? I am shopping around for an app that gives me a visualization of how my budget is doing. I would consider paying a small ($5~$20) monthly subscriptio...
I have about 3 to 5k saved up currently. I want to save up a total of 10k so i can house hack my first multi family. With my current job, and expenses it would take me about 10 months to a year for me to have that 1...
If you have a personal homeloan (ignoring IP's for now) are you pumping every spare dollar into reducing that debt, or are you putting some of it into other investments (e.g. managed funds etc) as retrement savings?
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