
14 December 2024 | 36 replies
As a result when the brokerage acts as the listing and selling brokerage it saves both home sellers and buyers money.

13 December 2024 | 6 replies
., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted.

5 December 2024 | 6 replies
@Danielle Tran, if its not in the lease they cannot make you stop selling those products.

14 December 2024 | 6 replies
Perhaps you want to sell ownership interest.

17 December 2024 | 16 replies
Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.

15 December 2024 | 8 replies
That also perhaps makes people more motivated to sell. 4-5 weeks....that's plenty of time to get a deal done.Good luck.

17 December 2024 | 22 replies
@Nick McCandless I would recommend doing your own DD on anything turnkey investors says to you in terms of cash flow, type of properties they sell, and their turnkey model.

13 December 2024 | 10 replies
If the numbers make more sense on the 6 unit, then maybe look into selling your duplex and doing a 1031.

13 December 2024 | 17 replies
“Selling” a co-living room is very different to showing a traditional unit.

18 December 2024 | 45 replies
HELOCs are good for short term debt: rehabbing for a BRRRR/ to sell or flipping etc.