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16 May 2024 | 12 replies
It may depend on if you want a more formal procedure, or added protections such as all the inspections that go along with a traditional sale.
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16 May 2024 | 10 replies
You do not have to even do formal training.
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15 May 2024 | 17 replies
@LeRoi De-Souza- you are not able to use a FHA loan for a rental property purchase ....depending on the size of the property ( 1-4 units ) - you should be able to get a conventional loan ....85% ltv is possible for a 1 unit rental purchase ...get formally pre approved so you can get orgainzed and prepared
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15 May 2024 | 12 replies
It is worth mentioning that my journey into real estate commenced without any formal education in the field; rather, I relied predominantly on extensive research and avidly consumed the invaluable insights shared through the Biggerpockets podcast.With each venture, my interest in real estate investment continues to grow, fostering a profound desire to acquire more properties.
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13 May 2024 | 13 replies
We own and manage 3 ABNBs in Tampa and have not taken a formal course.
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13 May 2024 | 16 replies
If you are buying in your own name, then obviously you won't have this as a formally separate entity.But the bookkeeping will be so much easier at tax time if you set up bank accounts for the rental property separate from accounts you use for your personal expenses.
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12 May 2024 | 3 replies
Either way, you're going to want to make sure for both lending and your own records that your husband's company is submitting formal invoices on their letterhead for the work that has been completed for your draw requests.
12 May 2024 | 2 replies
I've been around for over 30 years and I have a formal credit background from 2 of the largest banks in the world.
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10 May 2024 | 7 replies
A written agreement is valid and need not be formalized by a deed.”* Some kind of joint venture or common interest development.
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10 May 2024 | 6 replies
As others have said, I would talk with your CPA and asset protection attorney for formal advice.