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2 September 2024 | 7 replies
Keep your cash safe and get a realtor who actually sold real estate prior to 2008.
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31 August 2024 | 0 replies
I purchased this property as a primary residence with a VA loan and lived in it for approximately 2 years prior to renting it out.
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2 September 2024 | 31 replies
Since finding a role without prior experience can be quite challenging, I’m reaching out to see if there’s an opportunity to assist an experienced co-host for free.
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29 August 2024 | 2 replies
A wire was sent to my bank, and despite specific wire instructions and a screenshot of the account details, the wrong business name was used, and the wire was returned.
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31 August 2024 | 4 replies
Seller shall furnish a copy of a prior owner's policy of title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, which is acceptable to Buyer's title insurance underwriter for reissue of coverage; (B) tax search; and (C) municipal lien search.
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1 September 2024 | 7 replies
Just as a heads up as not sure which timeframe of BP podcasts, but before covid you could do a BRRRR and get all your money back out of the deal, today that is typically not the case and you will still have money in the deal - so just wanted to mention that.Lastly, you are way ahead of me and many others already as I cannot swing a hammer :) In my market I believe I can still potentially extract all investment, but after the high LTV REFI, it would have very significant negative cash flow which was not the case for BRRRRs where refi completed prior to 2022.
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31 August 2024 | 36 replies
Prior to that I went through the education modules and took the test to be able to be certified and make the purchase.
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30 August 2024 | 4 replies
@Yoav Schatzberg Step 1 is to compare it to prior year P&L.
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30 August 2024 | 6 replies
And you cannot use it to purchase a primary residence.You can however use it to buy an investment property and later convert that into your primary residence to get a prorated amount of the gain tax free.You can also use it purchase and improve an investment property as long as the improvements are complete prior to you taking title to it.
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30 August 2024 | 7 replies
@Tony Sherman, yes.Closing delays on buy side with title issuesMaterial delays, which can compound into contractor delays when you try to keep schedules tightContractor delays because prior jobs are not wrapping on timeContractor delays because you need to fire one and hire a new oneScope of work issues, i.e. no signs of moisture intrusion prior to buying, but all of a sudden you have a wet floor after a good hard rain.Closing issues on sale sideHow do you manage?