13 June 2017 | 6 replies
I wonder if they'd be as interested in the property if there's a lis pendens on the title, or whether they're doing anything that is bordering on illegal by trying to coerce the seller to not honor the contract?
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23 January 2020 | 15 replies
@Andres Diego I had to get formal appraisals done on the properties and then I had to submit those along with the purchase agreements to the IRS.
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23 May 2016 | 4 replies
The buyer would potentially provide a down payment (agreed by both parties) and then the seller will hold a promissory note for the difference between the sales price of the property and the down payment provided by the buyer.In essence, the seller then becomes the bank/lender and then must follow all of the same laws that lenders must follow in the event of a default and formal foreclosure proceedings must occur.In regards to the renting of the property.
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27 May 2016 | 11 replies
I mostly invest in mobile homes which are usually on the border Bexar county and drive atleast 30 minutes to find my deals.
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23 May 2016 | 5 replies
so, besides the formal training in REI i have, i attended 2 of @Brandon Turner's webinars and just bought @JScott's book on flipping( i'm excited), i'm so ready to dive in with both legs cos i don't want to be a victim of analysis paralysis!!.
24 May 2016 | 6 replies
@Toby Coons, what you are describing is a Joint Venture Partnership, which should be formalized in legalese writing if you proceed.
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25 May 2016 | 3 replies
I would register a corporation, roll your profits back into the corporation for future investments and avoid the cross border taxes.
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22 July 2016 | 2 replies
Particularly the restricted zone which is land within 50km of the coast or 100km of the borders requires property to be bought through a trust you cannot own it directly.
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24 May 2016 | 2 replies
I wanted to give a formal newbie introduction of myself to Bigger Pockets, and to the Arizona Investors out there.
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27 May 2016 | 14 replies
The mail not returned, I'd send them a more formal letter a month later.