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17 September 2024 | 68 replies
You do not have to sell all at once - you could keep the 3 best ones and sell off the other 2, for instance.
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10 September 2024 | 1 reply
In either instance, I would certainly have an attorney make sure everything is buttoned up and legal to protect you both.
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12 September 2024 | 9 replies
In that instance, you can only count up to 30% of your income as boarder income.
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10 September 2024 | 29 replies
For instance, we bought/sold 5 flips last year so we have 5 "buckets" each transaction could fall in PLUS our general office expenses (Google ads, Propstream, DealSimple, etc.)
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9 September 2024 | 5 replies
And in most instances, they can't be within a certain distance of one another.
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13 September 2024 | 20 replies
Think wealth building, not cash flow in this instance will result in a good opportunity.
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11 September 2024 | 22 replies
@Peter Jin it depends on a million different factors other than the CoC.For instance, a 10% return on a turn key A grade property might be solid, while a 10% return on a C or D grade might be a nightmare.
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10 September 2024 | 14 replies
I didn't take it as pissing on my post, but I do hear you, though, as I have seen a few instances of this.
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9 September 2024 | 3 replies
Hard money loans, for instance, might be an option, but make sure to factor in interest rates and timelines.Exit Strategy Uncertainty: You might not be able to sell as quickly as you planned, or for the price you had in mind.Tip: Have a backup exit strategy, such as renting the property short-term until the market improves.If you’re looking for advice on financing your next project, I’d be happy to help with that or answer any other questions you might have!