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3 November 2018 | 15 replies
@Max Householder Looks like Connected Investors just released something that is very similar to what you are describing.
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10 May 2023 | 10 replies
@Jon Holdman is talking about the Garn St Germain Act of 1982"Part C Preemption of Due on Sale Prohibitions DUE-ON SALE CLAUSES (d) A lender may not exercise its option pursuant to a due-on-sale clause upon--, (1) the creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board. " The Full Act is at https://en.wikipedia.org/wiki/Garn%E2%80%93St.
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14 April 2017 | 8 replies
A simple list of "before" assets and "after" assets in general categories (household goods, vehicles, cash, retirement accounts, real estate, collections) and itemized liabilities is usually sufficient.
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23 October 2023 | 12 replies
So to get a 4 BR voucher you’d have to have an 8 person household.
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9 May 2018 | 14 replies
I also saw some on craigslist under Household Services.
30 January 2020 | 5 replies
@Andrew BrecherTo expand on @John Casmon point I have listed a number of datasets that I've found in my research, which will provide you with a number of key performance indicators (KPIs) that you can use to evaluate real estate markets at all levels.Census Bureau: American Community Survey (ACS)The ACS was launched in 2005 and is administered every year by the Census Bureau to roughly three and a half million households in the USA.
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31 January 2020 | 3 replies
I under stood what I needed to do, I just needed the opportunityFor real estate, the great financial/credit crisis happened over 10 years ago and it was a risk-free way for me to get into rentals because real estate was practically being given awayI saw the opportunity to replace my household earned income with passive rental income so I took it
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28 December 2021 | 20 replies
We want to take advantage of the tax advantage offered by the LLC though as we were told rental losses (stemming from major rehab and depreciation mainly) can only be claimed if the rental is run as an LLC (for my case) since the W2 household income is above 150K. is this true?
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9 August 2018 | 38 replies
I have another friend from college who inherited a million dollars from his wealthy Asian parents overseas and grew up from a affluent household of privilege.