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6 April 2024 | 45 replies
Houses definitely won't appreciate much here, if I held on to them for 20 years I'd estimate they would only be worth $100k more than what I paid for them.
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4 April 2024 | 12 replies
You will be discovered and held liable.Re: the tile floor, you should be paying $2 - $6 per SF for the material and about $4 SF for the install, so your numbers are in line.
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5 April 2024 | 43 replies
If Ive indemnified them or held harmless for everything related to managing the property, then I've agreed to cover that, when that shouldn't be me.
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2 April 2024 | 1 reply
The key downside to this repayment schedule is that the borrower is paying interest every month, based on the entire loan amount (including the amount being held in reserve for rehab draws), even if no draws have been taken yet.
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2 April 2024 | 2 replies
Hi all,We have been investing in real estate for 15+ years and have acquired over 100 distressed properties, rehabbed and mostly have held as rentals, but have flipped many as well.
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2 April 2024 | 1 reply
Hello, I recently put an offer in on a property to be held in my solo 401k.
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3 April 2024 | 14 replies
It exposes you to a lot of liability It is my understanding from reading and researching that it is very difficult to get a cashout refi approved for the same amount (or even just to get approved in general) when in an LLC, in comparison to when the property is held in the individuals name.
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2 April 2024 | 6 replies
Christine Hi Christine, You can structure this on a fix and flip loan, and have the Construction budget held back 100%.
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2 April 2024 | 1 reply
Hello, I recently put an offer in on a property to be held in my solo 401k.
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2 April 2024 | 20 replies
Have it held in escrow by the title company or an attorney.