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7 November 2023 | 1 reply
1031 - Potential to defer indefinitely (swap until you drop), all proceeds used in 1031 (equity & debt) and generally a different type of real estate profile or business plan.OZ - Taxes due in 27 on recent cap gains, can reinvest gains/depreciation recapture (keep principal) and from what I've seen it's usually more of a development type project with a 10+ year hold.
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13 November 2023 | 3 replies
Secondly would really appreciate any good Detroit related blogs, websites, podcasts for real estate as well as any good media for understanding the lending aspect of investing.Thanks in advance for the help look forward to communicating further with any one in the space that is wanting to swap some information opinions and goals and build a further business relationship .
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10 August 2023 | 18 replies
So, I guess you could swap Title back to yourself.
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3 January 2023 | 4 replies
The person assuming the loan must have available VA entitlement, as they essentially will be ‘swapping’ whose VA entitlement is being utilized.Also, the person assuming the VA loan will need to be prepared to pay the ‘seller’ the equity amount in the home.
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12 February 2014 | 14 replies
is referring to basically says that if you buy a re-performing note from PPR and the note stops performing, they will take it back and swap it out for another, similar re-performing note.
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31 May 2015 | 7 replies
Fix a leaky pipe, put up drywall on one large and two small walls, and lenoleum flooring on kitchen and baths, swap 6 ceiling fixtures and paint the small living room/kitchen, and fsome finishing of windows that were installed and just needed framing to clean it up.
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11 December 2022 | 17 replies
Hello BP,I've been dealing with a massive headache for the past 10 days and I'd like to get some of you guys' opinion about thermostats in rental properties and how you do it.Obviously, our number #1 priority as landlords is to make managing our properties as seamless as possible in order to continue acquiring and growing our portfolio.A couple months ago, the A/C in one my rental properties stopped working and I used that opportunity to swap out the old ugly thermostat for a "super cool" Google Nest thermostat that my electricity provider had been hammering me about.
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20 November 2018 | 11 replies
Just one example of this in practice. qualified net worth and equity of over 1M in a recent deal allowed an interest rate swap on the loan which gave the bank much more flexibility in managing its portfolio/risk.
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1 March 2021 | 3 replies
Would love to hear more about your journey so far and swap stories :)Robin
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17 November 2023 | 7 replies
We did exactly what @Scott Trench recommends - put as much sweat equity as possible into the reno, search for as many deals on FB marketplace and shop local sales/swap meets/garage sales, and minimize the hit to the credit card.