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25 October 2024 | 66 replies
He's also working with a local pastor of a mega church here in DeKalb and i'm in litigation now for over 2.5M after they along with a local closing attorney Jacinda Walker of Regal Legal Services.
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20 October 2024 | 6 replies
Fannie Mae updated guidelines that now allow you to do just 5% down on a 2-4 unit property!
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23 October 2024 | 11 replies
If it is an issue and you do not act in a timely manner AND there is some sort of legal action, then the courts will not look favorably on your response time.
21 October 2024 | 9 replies
This is a huge plus because it offers liability protection, meaning your personal assets are shielded if there are any legal issues with tenants or the property.Doesn’t Appear on Your Personal Credit: One of the big perks is that these loans don’t get reported on your personal credit profile, so they won’t impact your credit score or debt visibility.
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21 October 2024 | 8 replies
You should definitely get professional advice all the standards, legal, tax, financial, etc. before you do anything.
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20 October 2024 | 4 replies
With my background in law, currently studying in Indonesia, and my experience as a real estate agent, I’ve seen firsthand the opportunities and legal considerations involved in such investments.
22 October 2024 | 9 replies
My posts and reply should not be construed as tax, legal or financial advice.
21 October 2024 | 5 replies
Hey @Dan Fritschen, To keep things above board and clean, id recommend forming a legal partnership or forming an LLC with ownership over said LLC clearly spelled out and open a bank account for it.
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21 October 2024 | 10 replies
Attend local REI (Real Estate Investor) meetups and consider joining online communities like Bigger Pockets for continuous learning.Step 2: Be Strategic About WholesalingWholesaling can be a great way to generate capital, but it’s essential to fully understand the legal and logistical intricacies.
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21 October 2024 | 3 replies
-based LLC for simplicity, but forming a local LLC in the country of the property might offer legal or tax advantages specific to that location.