12 April 2011 | 9 replies
Does anyone know the specifics as to if my LLC can be the B buyer and simultaneous close with me as C buyer so i get my C price financed and keep my mark up from B to C buyer, or at least get it back.
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10 October 2015 | 4 replies
It was listed at 30KI offered 10K cash total, 10K earnest money, as is, where isThey countered with 20K cash, but would also be willing to do some owner financingI then countered with a triple simultaneous offer:1) $ 20,000 purchase price, all owner financed - 10% interest only payments - 5 year balloon2) $ 15,000 purchase price, 5K down, 10K owner financed,payments based on 30 year ammortization at 10%, with 5 year balloon3) $ 12,000 all cashThey countered with1) 20,000 purchase price, 10,000 down, 10,000 @ 10%, 200 per month and 48 month balloon2) 15,000 all cash now.I took 15K cash, which was my initial goal anyway ;-)1 would have been more attractive for someone who is looking for total price, but not really needing the money now. 2 is a combination3 is for the person that is really looking for cash now and is willing to take less, in order to get money right now.
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5 May 2017 | 8 replies
I have been able to obtain a loan for rental properties from Wells Fargo and they said the maximum number of simultaneous loans would be 10.
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6 February 2017 | 3 replies
You will get cheaper, faster upgrades if you give everyone notice and fix it up simultaneously with an affordable contractor.
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15 July 2020 | 6 replies
It should still work with the entity as you should be able to drop the ownership out of the LLC and simultaneously refi, almost like a purchase.Otherwise, I do t think there are other good instruments.
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28 July 2020 | 2 replies
I would accept 2-3 tenants at same time making them do background check simultaneously and pick the best.
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3 September 2022 | 15 replies
You are also 100% guaranteed funding on them as long as you are wholesaling a deal and doing a same day simultaneous closing.
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28 November 2022 | 26 replies
Living below your means (or even remaining a tenant, while simultaneously investing) can be super helpful in scaling.
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29 September 2023 | 19 replies
Typical condo fee: $475 - $600 each condoTypical 5-15 unit apartment fee: $1,500 - $2500That's because each townhouse/condominium is a separate property even though you bought them simultaneously and from the same project.