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28 March 2024 | 7 replies
This entails locating appropriate properties, assessing them, putting in an offer, carrying out due diligence, closing on the property, relocating and leasing it out, and maintaining the property.Start by looking for duplexes or multi-unit buildings in your desired neighborhood that are occupied by renters.
27 March 2024 | 6 replies
I second the idea of going and speaking to local banks, if the seller won't seller finance the entire purchase price would they be willing to carry back some of the downpayment funds?
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30 March 2024 | 45 replies
The higher interest rates increases your carrying costs and the higher price of homes only adds to it.
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28 March 2024 | 1 reply
A healthy percentage of higher density multi family properties are open to seller carry or owner financing.
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28 March 2024 | 10 replies
(No kids, excessive debt, responsibilities that come with age, etc.)By the time you reach 21 onward your experience level will be that of a budding pro when others may not even have begun which would be incredible for you and would carry a lot of momentum.My biggest advice in the wholesaling world would be find someone who is doing it and doing it well, ask them to bring you on for free or very minimal pay and absorb all of the knowledge in return for time and effort.
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27 March 2024 | 3 replies
Hello,I have a property I sold and carried the note for the buyer using Owner Finance.
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28 March 2024 | 28 replies
And taking the $250K does reduce your reinvestment requirements for the 1031 by $250K.But the 121 exemption isn't "carried forward" any further than the 5 year look back.
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27 March 2024 | 9 replies
If you do some value add, you'll gain on sale plus have the benefit of having lived there for free for a little as the tenants paid your mortgage, and, there is no carrying cost while you do repairs or improvements - it's your primary home, so you're not losing anything by carrying that mortgage.
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27 March 2024 | 11 replies
I just would add you may like to elect to be taxed as a corporation if you decided to form an LLC because otherwise will carry tax consecuences in Mexico.
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27 March 2024 | 2 replies
In Broward dreams don’t just linger; they manifest swiftly leaving onlookers amazed.Active Inventory is 3, 901 with 22.8% Change Year-over-Year and 3.8 months supply of inventory with 35.7% Change Year-over-Year.As we bid farewell to February 2024 lets carry forward stories of resilience progress and the enduring spirit of Browards real estate market.