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21 November 2024 | 6 replies
The user in question was subsequently banned from the forums for a second time, they reached out to me directly to dispute the ban but as of now the ban is still in effect for breaking the rules of the forums.
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19 November 2024 | 24 replies
For larger jobs, in quarterly draws.
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19 November 2024 | 12 replies
It was fairly easy to setup and to add properties using the first guide as a template for subsequent guides.
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19 November 2024 | 111 replies
I have heard the argument it is safer for some people to draw and protect themselves while open carry.
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19 November 2024 | 7 replies
And oftentimes they don’t make rent payments and hold you hostage to advance construction draws in order for them to give you back your own money as rent.
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20 November 2024 | 6 replies
Rates are typically higher than a traditional cash out refinance, however at least you are not getting the full loan amount + you have the flexibility to draw/tap in the money whenever needed.
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17 November 2024 | 1 reply
This allows you to postpone tax liability until you sell the new property without a subsequent exchange.2.
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19 November 2024 | 6 replies
But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?
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18 November 2024 | 15 replies
@Joshua Thompson already linked the long post that I wrote to answer your question:https://www.biggerpockets.com/forums/51/topics/1215989-expla...Based on your subsequent comments, you missed the point of my post: it DOES NOT matter whether your accountant holds a CPA or an EA designation (or neither of those two).
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17 November 2024 | 7 replies
I wouldn’t do an initial draw at closing.