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1 February 2025 | 14 replies
Quote from @Jessie Dillon: one thing that you can do is have the seller transfer the deed to a living trust that they're the sole beneficiary of, and call the bank to give them a heads up that they're doing it for estate planning purposes. then, a month or more later, buy the property sub-to, and change the beneficiary of the trust. the bank can not see who owns a trust, and if they ever come back and question it, you can just swap the beneficiaries again, show the bank that the seller is still the owner, then swap it back again when they buzz off. this is one of many reasons it's so important to keep a good relationships with the seller if you're buying this way. you have to work together on some stuff.In summary: fraud.
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1 February 2025 | 4 replies
One didn't make your list.1) I see people all the time raising money for real estate deals but they call it a partnership either because they are ignorant of the law or they are trying to avoid paying for all the legal work.
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29 January 2025 | 10 replies
I would recommend you begin researching Chicago based meetups as there are a bunch of really good ones.
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7 February 2025 | 22 replies
It may be worth looking at other deals and if the right one comes up, you can pull the trigger.
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30 January 2025 | 8 replies
Hello @Hudson Filippi FHA does have a One Time Close construction loan that will allow you to build a home.
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1 February 2025 | 1 reply
High property tax isn't an automatic 'no', but is one negative factor in my analysis.
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16 February 2025 | 5 replies
Kissimmee & Downtown Orlando for STRs – Market Overview•Kissimmee is one of the most popular STR markets in Florida due to its proximity to Disney World and other major attractions.
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27 January 2025 | 5 replies
But there’s plenty of good ones too.
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1 February 2025 | 11 replies
I only have one STR I mostly do LTR but I know location and amenities are king.
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27 January 2025 | 13 replies
Is it fair to only protect one side?