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Reply to "What unique things have you done to get ahead financially? "
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[quote=Anonymous]certainly not unique that we did it, but somewhat unique that we financially survived it. Purchased first house upon college graduation in 1999. FHA 3% down in Vienna. Age 23. Refinanced, rented out and moved in 2021, again low money down. Then took advantage of the crazy loans they were giving anyone and everyone and purchased 2 new builds no money down in Loudoun county and flipped them after renting out long enough before we 1031x those into better rentals. all of this gave us a gigantic head start in our early/mid 20s. Rolled the Vienna house into a 1031 exchange in 2019 for 50% down in a dream home. moved into it in 2020 and refinanced to an extremely low rate. Also have a Vacation home that we used our primary home before this one we Covid purchased in 2020. Again low rate, low mortgage. we also have airbnb it and it brings in about 65k in income with operating expenses of 38k\yr. [/quote]
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