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24 April 2024 | 8 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
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26 April 2024 | 145 replies
I wouldn't recommend this on a higher end house, but for the median or below it's an acceptable solution for me.
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23 April 2024 | 3 replies
Here's a simplified example of how this can work (or at least a good way to wrap your head around it):Let's say the property you're interested in is listed for $100k and for whatever reason, you think the seller would accept an offer at $90k (maybe it's been on the market for a bit and they've recently reduced the listing price).
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23 April 2024 | 4 replies
The relative had a living trust and will granting family control should anything happen to her.We notified the mortgage company and they won't accept the trust documents as valid proof of ownership and are demanding that we get a probate document, a quitclaim or grant deed showing the title granting out.
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23 April 2024 | 4 replies
It is not common to do seller financing in NZ; it is much more acceptable in the States.
29 April 2024 | 248 replies
Another group I am in someone posted this and it was my understanding based on what they were saying (I am not invested but telling you what they were noting), was that you do not have to accept the capital call, but if you do not and if not enough investors invest in it then they could be forced to liquidate the asset.If you do not put in more you will be diluted and be behind that new money (but I recommend reading the operating agreement and PPM).
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23 April 2024 | 9 replies
I'm wondering if he would be willing to accept an offer that has long term tax benefit, I would give him his asking price, the only real problem I foresee in the repayment would be another big downturn.
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22 April 2024 | 5 replies
In Maryland you have to clearly state if you do not accept these reports.
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24 April 2024 | 11 replies
-Additionally, a lawyer would draft the lease and option contract.Questions:-Will most lenders accept the option fee and rental credit at closing as a seller concession, going towards the buyers down payment?