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Do you want to learn how to make money from residential investment property? You’ve come to the right place! We’ve covered getting started in real estate in earlier posts. Now it’s time to start making money! Most beginning real estate investors think the only way to make a profit is to buy low and sell high. Well, that’s one way, but there are a few other tactics available to help you profit from your investment property. In this episode, Ronnie talks about how to make money at the settlement table as you close your real estate deal, how to refinance your investment property to get access to built up equity, and how your residential investment property can save you money at tax time.
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Commercial real estate financing and commercial financing will require an appraisal that reviews historical income data. Residential investment property appraisals are primarily driven by location. Business opportunity value and commercial real estate valuations are primarily impacted by business income data. Because of this simple but important difference, valuations for business opportunities and commercial business are likely to be insulated from real estate property value fluctuations.
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