Ever wondered what the term “mortgage seasoning” meant? How does it apply to your real estate business? Well, if you want to do a mortgage refinance after purchasing a property, you better understand what the seasoning period is for your home loan.
If you need to get the money out prior to the seasoning period, Ronnie shares a tip about using hard money lenders to give you the loan until you can mortgage refinance through your existing lender.
In the second topic, we talk about small business tax strategies and ways you can use small business tax reductions. Specifically, we talk about the depreciation write off and its’ benefits. We also discuss other tax write offs for small business.
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