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10 January 2025 | 2 replies
This strategy can be a game-changer for building long-term wealth, as it enables you to leverage your gains without an immediate tax hit.Example: Sell a rental property for $300,000, reinvest in a new property of equal or greater value, and defer capital gains taxes indefinitely.5.
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9 January 2025 | 5 replies
I have a few lenders who do but they still require some money from the borrower so they have skin in the game.
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12 January 2025 | 10 replies
They need to have the title in their name for 3 months with some but 6 months with others.
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7 February 2025 | 16 replies
I'll be completing a book (later this month) titled Turnkey Real Estate Investing.
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7 January 2025 | 5 replies
What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
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7 January 2025 | 7 replies
Did have high quality photos/ great listing title and description?
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23 January 2025 | 9 replies
Speak with the director of development (they're not always titled that way, so just ask for whoever deals with area developments, new construction, rezoning, etc.) to ask if they'd be supportive of your plan.
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22 January 2025 | 14 replies
@Stuart UdisAll great comments, seems like putting skin in the game will be a reassuring factor for any potential investors.
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21 January 2025 | 59 replies
And then your REI income matches your W2 income the first time etcTo your question: equity is the name of the game.