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7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
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30 December 2024 | 7 replies
Until whoever is sending you these opportunities has the conversation with you on how much you'd like to make on a deal, how you figure your ARV and how you plan a rehab/ costs they are likely going to continue sending you opportunities you won't find too appealing.
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24 January 2025 | 11 replies
I'm with CSSI and we've completed over 45k studies, and this is what we specialize in.
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4 February 2025 | 18 replies
It took us well over a year to find the property we're buying.
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27 December 2024 | 4 replies
Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison.
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7 January 2025 | 28 replies
That tenant is gone now but it is something I go over on occupancy as unacceptable.
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12 January 2025 | 2 replies
Personally, if I can hold with a little bit of cash flow but good upside appreciation over time I’d prefer to hold.
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16 January 2025 | 3 replies
If they’re really in a bind, you could even explore something creative, like seller financing or a subject-to deal (where you take over their mortgage payments).
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27 December 2024 | 4 replies
And you are continuing to invest in real estate a 1031 is a good option to explore.
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16 January 2025 | 6 replies
After watching my wife, son and I build our 8locations over the last 7 years, he finally got the itch and saidhey, help me get started.Already posted theprocess he went through on another post developing the location.