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Hey everyone!
I’ve been on the hunt for properties and finally found a couple that I’m seriously thinking about making an offer on. 🎉 I’m still finalizing things with my lender, but before I move forward, I want to b...
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Hi masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estimated ...
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Hi all,I have a few long-term rentals and am exploring a STR for the first time, and am seeking guidance / advice on my expected expenses (and ideally what i'm missing that i should factor into my calculations). Part ...
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Newbie here!
We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.
-For those with a house in your name, do you have ...
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Hi All,I bought a SHR in Philly from a rehabber a few months back for 70,000$. After PITI, PM fee, capex & vacancy reserve, it cash flows around $300 monthly. The property before the rehab was very likely a forecl...
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So up until last year, I used to use Turbo Tax, which even last year my taxes were getting a bit complex for TurboTax. So this year, I looked up a CPA that my family already had relationship with. He is a pretty smart...
Hi All,I was wondering if anyone has experience with wholetaling ? I have a potential deal that doesn't have enough spread to market it to my cash buyers, but certainly has enough spread from me. It's a 2 fam in a ...
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Can anyone explain how these work? What I don't understand is if the homeowner is about to foreclosure - why don't they sell their home, pay off the remaining balance, and pull out their equity? Could I be missing som...
Hello! We're getting closer to pulling the trigger on our first deal... we just want to be sure we get all our ducks in a row so there are limited surprises. We believe this is how things will work. Please let us know...
So I'm a little confused because I read that Grant Cardone said to not buy a house for yourself because it's a bad investment. But when I crunch the numbers I seem to be getting more "profit" by buying a house and no ...