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7 October 2024 | 4 replies
"In no event shall Qualified Intermediary be liable or responsible to any person or entity with respect to any action taken or omitted to be taken by it under this Agreement or at the direction of Exchanger.
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8 October 2024 | 10 replies
If you're talking about available financing options, there are business purpose loans (like the debt service loan I mentioned) that sometimes ONLY allow you to close as an entity, like an LLC.
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6 October 2024 | 8 replies
@Khadijah CelestineIn theory you probably could wholesale to an entity that you own, but it wouldn't serve any purpose other than to create a lot of extra/unnecessary paperwork.
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7 October 2024 | 9 replies
So, what I do to satisfy both the financial benefits of utilizing leverage AND the psychological benefit of being debt free is I only have mortgage loans in which the property is the sole collateral with no liability to myself or my entities.
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5 October 2024 | 5 replies
Most importantly, the final page has an "authorization to release information" form that is signed by the applicant, authorizing various entities (primarily landlord/employer) to speak to me and confirm various details.
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4 October 2024 | 9 replies
I know most residential lenders won't lend to an LLC so my question is should I just house hack the way anyone else would, using my own personal financial status and name, my own funds for the downpayment, and put the multifamily entity and principles aside for now.
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4 October 2024 | 15 replies
Most sales are done through an entity transfer, in order to avoid having to record an actual sale price and being reassessed to full purchase price.
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6 October 2024 | 12 replies
@Jon Kim No matter what entity you decide to invest with please be sure to have 1-3 exit strategies outlined in your partnership/LLC agreement to make sure you know how you’re going to handle a situation when 1 or more of you wants out.
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21 October 2024 | 176 replies
These entities will do everything they can to help a homeowner out..
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3 October 2024 | 5 replies
In addition to identifying and purchasing those properties I am currently focused on building out the management SOP's to facilitate smooth management of the 10-12 units owned by 3 different entities.