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30 September 2024 | 10 replies
Please reach out and I can pair you up with one of my mortgage brokers and we will close the transactions with me as I’m the lender.
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29 September 2024 | 11 replies
This isn't STR, this is any form of investing or daily work(non REI related).
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2 October 2024 | 71 replies
If you're buying single family homes, the transaction costs are high enough that it's usually the right move to buy and hold.
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29 September 2024 | 6 replies
To transact real estate on behalf of another person, you need to have a real estate license and hang it with a brokerage.
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30 September 2024 | 9 replies
Also your capital gain is lowered the more you bonus.If you are going to accelerate you need to really consider how much personal property there, how long you're going to hold it, any offsets available, alternative transaction structures like installment sales or even delaying it a year.Publication 5653 (6-2022) (irs.gov)It lists four more including the ones below.The detailed engineering cost estimate approach (or detailed estimate approach) is similar to the detailed cost approach.
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28 September 2024 | 17 replies
You came here to ask for 100% purchase financing on a 6 plex, but what you actually need is 20-25% down to close that seller financed transaction.
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28 September 2024 | 12 replies
It's actually really expensive to transact real estate - see the number of posts on BP by first time buyers who are shocked at how much they have to pay in fees and points and closing costs.
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2 October 2024 | 24 replies
Wall street is taking a commission on every transaction.
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28 September 2024 | 5 replies
I have several commercial transactions pending and as recently as this week clients are obtaining much improved terms:- 25% down on a 20+ unit apartment complex at 5.5% Down 25 year amortization. - 25% down on a 20k SF Warehouse at 6% 25 year amortization. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter.
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3 October 2024 | 29 replies
zero.this is because of a few things:-the fact that it actually costs money to transact real estate - those pesky closing costs that are always 10x higher than new investors think they are.