Troy Ave Imitating Cassanova On IG

vino

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Stop breaking down ignorance attempting make it make sense...Im not knocking the field you're in either breh...but he made a redundant ass statement...and you trying to drop knowledge on why it would make sense to blow 300k all to get a basement room and a leased car out the deal is crazy as hell as well.

my last post for you. there’s tons of homes with income suite that utilize the basement and typically have walk out doors, full kitchen, bathrooms and other amenities that they literally have to file to have 2 addresses. never pay a house (pay in cash to the buyer for a better price point and then do delayed finance) or car (only pay in full if you plan on putting a lot of miles on it)in full because it ties up your money. with his scenario he would have much more than 500. I’m cool with agreeing to disagree but i can’t allow myself to not provide an investor pov or perspective. Might not be his (Troy) moves but that what option he open up with scenario.
 

Frida Giezman

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my last post for you. there’s tons of homes with income suite that utilize the basement and typically have walk out doors, full kitchen, bathrooms and other amenities that they literally have to file to have 2 addresses. never pay a house (pay in cash to the buyer for a better price point and then do delayed finance) or car (only pay in full if you plan on putting a lot of miles on it)in full because it ties up your money. with his scenario he would have much more than 500. I’m cool with agreeing to disagree but i can’t allow myself to not provide an investor pov or perspective. Might not be his (Troy) moves but that what option he open up with scenario.
How does a delayed finance work exactly?

Not that I have money to pay cash for a house but still would like to know lol
 

vino

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How does a delayed finance work exactly?

Not that I have money to pay cash for a house but still would like to know lol

Short answer is the buyer pays for a house in cash and then go to a lender to do a cash-out to get the majority of their money back. Typical for investors in a competitive market to get an accepted offfer or to get a better price point. Plus, it allows you to use that for other projects.
 

NoChillJones

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my last post for you. there’s tons of homes with income suite that utilize the basement and typically have walk out doors, full kitchen, bathrooms and other amenities that they literally have to file to have 2 addresses. never pay a house (pay in cash to the buyer for a better price point and then do delayed finance) or car (only pay in full if you plan on putting a lot of miles on it)in full because it ties up your money. with his scenario he would have much more than 500. I’m cool with agreeing to disagree but i can’t allow myself to not provide an investor pov or perspective. Might not be his (Troy) moves but that what option he open up with scenario.

Dude nobody is questioning what ever the fukk you are talking about .

His advice was off...that's really all the thread is about....stop with the rambling
 

jilla82

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It wont....a 300,000 building in chicago will run AT LEAST 12500 a yr in property tax....i know chicago got high taxes , but im assuming their higher in nyc....his math off like a mug
im pretty sure Cook County has the highest prop taxes in the country.
 
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