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11 December 2024 | 7 replies
However, participating in a syndication or fund tied to real estate activities might help if the income flows through as rental or pass-through income.
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11 January 2025 | 420 replies
I don't know if the main participants in this discussion deserve medals or need better hobbies...
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30 December 2024 | 103 replies
On the investment side, student housing is my passion so adding a few doors to my portfolio in a college community would be ideal.For my personal residence, I would love to add a two-three car garage to my home.
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8 December 2024 | 11 replies
@Aaron Gordon we did the student rentals down here in Narragansett for a long time and the more accurate screening was getting the major.
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9 February 2025 | 173 replies
A whopping 98% of participants agreed.A Deloitte survey of 2,000 American consumers found that 91% of people consent to legal terms and services conditions without reading them.
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11 December 2024 | 7 replies
Quote from @Mike Arias: Quote from @Chizitem Ibeneme: I'm a college student, and I plan to start investing in multifamily homes once I graduate, and I recently started looking at deals on Zillow just so i can practice underwriting.
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8 December 2024 | 19 replies
my SS deal is one of my participation deals were I provide the capital to the operator via a debt instrument then take a participation as part of the note agreement.
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13 December 2024 | 13 replies
And a lot of start-up companies are migrating to this city as well because of the OSU campus that has thousands of talented students graduating and looking for positions locally.
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17 December 2024 | 16 replies
Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.
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11 December 2024 | 8 replies
A borrower must choose his or her own contractors to perform the needed renovation.Ø All Contractors participating in the HomeStyle Renovation Program must complete a Contractor Profile Report.