Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
Here are a couple of ways you could structure the deal:Lease Option with Seller Financing: You could lease the property with an option to buy later, allowing you to rehab it while giving the sellers time to find a 1031 replacement property.Seller Financing with Deferred Payment: Structure the seller financing with no immediate payments, allowing you to refinance once the property is appraised, and the sellers can complete the 1031 exchange when ready.Escrow Holdback: Transfer the deed into an escrow account, giving you control without immediate transfer, so the sellers can take their time with the 1031.Third-Party Facilitation: Use a qualified intermediary to hold funds and facilitate the 1031 exchange while you refinance.These options allow flexibility for both you and the sellers.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
As you probably know, California includes all foreign immigration - both legal and illegal to boost the numbers.
Kevin M.
Condo Investment in NYC
7 January 2025 | 12 replies
A 1031 exchange would use all of the tax in the purchase of your next property.
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Novo also integrates well with various business tools, which might streamline your operations.Business Credit Cards: If you’re looking for a solid credit card option, Capital One Spark Cash Plus offers unlimited 2% cashback and no foreign transaction fees.
Juliet Silver
Best Lenders for Canadians to Purchase in Florida
27 December 2024 | 15 replies
Rodrigues is an awesome LOCAL lender, who works a lot with foreigners.
Aaron Ram
Seller Financed Deal - What am I missing?
30 January 2025 | 6 replies
Love to see a seller financed/1031 exchange combo deal.
Cesar Avila
Advice on Renovate and Buy vs. Upgrade and Sell
4 January 2025 | 1 reply
I just completed a 1031 exchange where I sold a home in east county in an hoa to do a 1031 exchange and purchase a multlifamily in South Park of San Diego which has room to add 4 more units.
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
What happens if you lose on it, you now have an additional liability, not just a loss of money.Are you planning on keeping the current property or exchanging it (1031) into something else?
Carlos M.
$563,313 paid in interest in 2024
11 January 2025 | 4 replies
After selling one and using a 1031 exchange to buy a fourplex in Chicago, he reduced his interest burden by 20% while boosting his net incomes by $1,500 per month.
Victor Adekunle
3 Simple Funnel Hacks to Help Wholesalers Generate More Leads and Close Bigger Deals!
9 January 2025 | 0 replies
Why it works: A well-crafted landing page can convert visitors into leads by offering immediate value in exchange for their contact info.* Automate Follow-Ups to Stay Top-of-MindMost wholesalers lose deals because they don’t follow up consistently.