Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
I did a loan assumption that is currently a GIANT pain in the ***.
Gabe Goudreau
Acquiring Properties With Different Partnership Structures
13 January 2025 | 7 replies
A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat.
Michael Benanti
DealCheck app? Good or bad?
2 January 2025 | 32 replies
@Michael Benanti Can you provide the apps proforma assumptions and algorithm?
Bob Asad
Can You Resell a Seller Financed Land or Property?
8 January 2025 | 8 replies
Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
I updated the kitchen with high-end appliances, installed custom cabinetry, and added modern finishes throughout.
Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
The customer service/property management hasn't been as proactive as I thought it would be.
Anthony Freeman
Property Management software
17 January 2025 | 6 replies
While trying it out, call their customer service and see how they treat you and how knowledgeable they are on their product.
Arif Gungorur
How to Do Zoning Research
16 January 2025 | 1 reply
The zoning office suggests reviewing the zoning ordinance, but the course didn’t cover zoning assumptions in detail.What’s the best way to verify zoning suitability and double-check zoning information?
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
16 January 2025 | 16 replies
As far as I know, your assumptions about the tax implications are correct for non residents, it was one of the main factors that stopped the idea of investing in Spain for me.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
Some types of Creative Financing include: Seller/Owner Financing, Land Contract, Wrap, Assumption, Subto, Lease Option, Contract for Deed.