16 June 2015 | 3 replies
If you owned the home for at least 24 months (2 years) during the last 5 years leading up to the date of sale (date of the closing), you meet the ownership requirement.If you received Form 1099-S, Proceeds From Real Estate Transactions, the date of sale appears in box 1 of Form 1099-S.If you did not receive Form 1099-S, the date of sale is either the date the title transferred or the date the economic burdens and benefits of ownership shifted to the buyer, whichever date is earlier.
17 June 2015 | 2 replies
I'll give you as much free advice as I can.We can talk about anything from building websites, to networking/wifi, cell phones/tablets, computer troubles (windows/mac), getting rid of viruses, even home theaters.I hope we can get to know and help each other.Enjoy,B
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12 June 2017 | 27 replies
Again, its my opinion that those signs are unneeded, do they work (Yes), but would I personally stick to societal norms to reach out to individuals who half the time do not even look up from their cellphones while driving, no.
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26 August 2015 | 26 replies
After the closing happened the GC calls the village inspectors cell phone and gets him to shows up a day or two later.
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20 June 2015 | 8 replies
Lend only in first position.Limit yourselves to 70% of ARV using an appraisal done by an appraiser of your choice, paid for by the borrower.Secure the loan with a mortgage or deed of trust, whichever is used in your state.Have an attorney prepare the documents.
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18 June 2015 | 7 replies
Concessions can not be applied toward the down payment.HUD detertimines the maximum concessions, currently at 6% of the appraised value or sale price, whichever is less.
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17 June 2015 | 0 replies
I am a real estate property locator, or bird dog, whichever you like to call it!
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17 June 2015 | 8 replies
I'm currently considering taking action on recruiting as many private money partners as humanely possible for my RE deals and have thought up taking this route: executing Calling up a couple local financial advisors and private wealth advisors(since these are middle man connections to money) and pitching them my private lending opportunities in which I want advisors to present it to their clients and whichever client wants to do deals with me, I'll have them available for funding my deals and I'll pay a "referral fee" to the advisor for his/her help.
22 June 2015 | 14 replies
Whichever type you choose, the floor needs to be level before installing LVP or LVT.
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26 June 2015 | 11 replies
I think you are getting some great advice in here.I agree with most of what @Rob Belandand @Ray H. have said.Won't regurgitate all the same stuff so will just add a few details and places where I have different thoughts.Yes you can ask for leases with proper notice, or ask for formal TAW agreements to be signed and either of those can include a rent increase if you are inclined to do that.One thing to keep in mind for notice is that it is 1 month or 30 days, whichever is longer.