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11 March 2024 | 4 replies
Could i take any of the left over cashflow and transfer to my personal account and use it to pay the 401k loan back?
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10 March 2024 | 6 replies
There are hundreds of others nationally, Internationally and locally that are all fighting over a few deals and thats driving prices up and margins down.
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11 March 2024 | 12 replies
Prices are generally cheaper, there are no caps on rent increases and there are no property transfer taxes.
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12 March 2024 | 250 replies
There are actually 2 chains of title on leasehold properties... one for the leasehold interest (transferred by assignment) and one for the fee (transferred by deed).
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11 March 2024 | 10 replies
The best accountants and CPAs will be able to offer you a secure document transfer system in order to keep your sensitive information safe, and also be able to conduct their bookkeeping and tax return services electronically as well, saving both time and money.In my personal ventures into real estate, I have started several LLCs and would be happy to share my real estate experiences with you.
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10 March 2024 | 15 replies
Next it will all come down to the numbers for the deal to really confirm 80%-90% LTC/LTV on purchase, 100% of rehab (funded in draws) not to exceed 65-75% ARV (depending on the lender, most are 70-75% ARV) Kiavi is a great lender, but it comes at no surprise as their internal credit analysis throws me for a loop sometimes (and shocks me, as very qualified borrowers sometimes still don't make it through that analysis)In short, you simply need to connect with the right lenders and each will have varying rates, costs, fees, etcBill Fay referenced the Hard Money Lenders link here on BP which is a great direct resource!
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11 March 2024 | 32 replies
Depends on what title was transferred to the buyer.General warranty deed usually warranties for full chain of title.
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10 March 2024 | 13 replies
The new reporting law is just for the IRS internally.
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9 March 2024 | 0 replies
With tons of ex teammates and international students looking for housing in our small town environment, there is a untapped avenue to succeed.
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9 March 2024 | 22 replies
Identify actual buyer who is willing/able to pay at least negotiated price, plus finder/transfer fee ($5-10k, for example); create a contract with end-buyer that identifies finder/transfer fee, agreement to complete purchase, and assigns difference (if any) of contract price and end-buyer price to self4.