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Gerald Lucas

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How New Rule Helps Homebuyers Qualify For A Mortgage, How To Invest In Real Estate Without Paying Taxes, Assistance For NJ Resident Homebuyers

June 9, 2026 Gerald Lucas

How New Rule Helps Homebuyers Qualify For A Mortgage

Real Estate Tip:

You can legally invest in real estate with your IRA and 401(K) and pay little or no taxes provided your IRA or retirement plan uses an approved custodian. The widespread misconception that permissible IRA investments are limited to stocks, bonds, mutual funds and CDs is the result of people and companies who are in the business of selling these products.

Real Estate News:

NJHMA's down payment assistance program provides eligible first-time NJ resident homebuyers up to $22,000 in down payment and closing costs assistance.

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Tags Gerald Lucas, real estate tips, real estate strategies, Freddie Mac, Fannie Mae, Desktop Underwriter, FHFA
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Are Non Conforming Mortgages A Good Idea?, Tip When Negotiating A Property Purchase, Investor Home Purchases Reach New Peak

June 2, 2026 Gerald Lucas

Are Non Conforming Mortgages A Good Idea?

Real Estate Tip:

When negotiating a property purchase, know when to walk away. After you walk away, the other party will sometimes come back to you later, and if and when they do, you’ll have an even stronger negotiating position to work from.

Real Estate News:

The share of US homes bought by investors rose to about 30% last year, which is the highest ever.

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Tags Gerald Lucas, real estate tips, real estate strategies, non-conforming mortgage, W2, tax returns
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Should Landlords Always Separate Apartment Utilities?, The Best Home To Buy In A Neighborhood, How Pending Home Sales Did In April?

May 26, 2026 Gerald Lucas

Should Landlords Always Separate Apartment Utilities?

Real Estate Tip:

When you negotiate with contractors on renovation projects always pay by the job not by the hour. When you pay by the hour, it takes longer and costs you more money!

Real Estate News:

US housing starts rose 10.8% in March.

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Tags Gerald Lucas, real estate tips, real estate strategies, landlord, multi-family housing, utilities, capital improvements
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