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4 February 2025 | 31 replies
Lived in Columbus for 13 years, 600+ transactions, development experience, new builds, 40+ rehabs, DM me if you want to know about the market. 8+ years on the forums advertising and building relationships with investors in almost every state.
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20 January 2025 | 7 replies
Hopefully you have a Checkbook IRA to avoid the red tape and fees of going through the custodian for each transaction.
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28 January 2025 | 11 replies
The IRS safe harbor guidelines suggest holding the property for at least 24 months as a rental to establish it as an investment property.
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26 January 2025 | 2 replies
Most times you can be pretty safe estimating an hour for this, but if your property is in a rural area or a heavily congested urban area with slow-moving traffic, you may need to be realistic about it taking longer.BTW: you should be realistic about a Service Call fee even for little jobs.
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9 February 2025 | 36 replies
The salespeople tell you they will keep in touch and hold your hand through the transactions but they will not contact you after they get you to pay unless you have capital for a deal of theirs.
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27 January 2025 | 7 replies
Each note is reviewed individually and most note buyers will provide quotes once the transaction has closed, recorded, and the first payment made.
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28 January 2025 | 14 replies
There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).
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19 January 2025 | 56 replies
We hope our capital is in safe hands with you.
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7 February 2025 | 25 replies
It's wise to verify the credentials of anyone involved in a significant financial transaction, especially if they are requesting proprietary financials.
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16 January 2025 | 6 replies
Some may be comfortable with 100% crypto transactions, while others could opt for a split between cryptocurrency and cash.For sellers unwilling to receive cryptocurrency directly, the digital asset will be converted to dollars to complete the transaction.There are many ways a buyer can use crypto to make a purchase:The simplest way is a Crypto to Crypto transaction, as long as the seller accepts cryptocurrencies as payment.