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25 October 2024 | 6 replies
.- Insights on the best practices for structuring these entities for optimal asset protection and tax efficiency.- Any potential pitfalls to watch out for during this process.If anyone has navigated a similar setup or has referrals to professionals who can help, I would be extremely grateful for your input!
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30 October 2024 | 21 replies
And practically, you can keep more of your money.
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24 October 2024 | 7 replies
His last excuse was that he was waiting on cabinets and materials—this is just a standard rental rehab.By September, I decided to end our contract and started looking for a new contractor to complete the work.
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24 October 2024 | 4 replies
80% no seasoning on a refi is pretty good and becoming the market standard (75% currently is the standard in a lot of places)If you go coventional, I'm told you can get up to 90%.
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24 October 2024 | 2 replies
Jonathan,Unlike credit cards with "Intro Rates", HELOCs are a standard banking product.
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29 October 2024 | 15 replies
It could be this was a standard periodic reassessment to account for market value increases and there's nothing to fight.
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23 October 2024 | 6 replies
It reminds me of the Gozone Benefits not sure Michael if you were in practice then.. but that was the post katrina And in the zone if you bought new construction for investment purpose or your own use.
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24 October 2024 | 11 replies
Reaching out to all you note/CFD veterans again.It's my understanding that in certain states, for delinquent/non-performing CFD's, you must go through a standard foreclosure process (once all other methods like forbearance and modification have been exhausted).
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22 October 2024 | 14 replies
She can't afford rent, so you get her moved out by the end of the month, then apply her deposit to the unpaid rent, cleaning, and repairs.I may even incentivize her to leave quickly by offering to forgive the unpaid portion of rent if she gets out by the end of the month, but it really depends on a number of factors and I'm not going to ask for details.For future reference, best practice is to have set standards and adhere to them every time.
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28 October 2024 | 12 replies
However, in practice, lenders rarely enforce it as long as mortgage payments are current and there’s no added risk for them.If you want to avoid triggering the due on sale clause, the safest bet is to wait a few months after closing before transferring the deed to your LLC.