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4 June 2024 | 8 replies
My parents are real estate agents but I just got into real estate investing over the past few years.
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5 June 2024 | 28 replies
If you have a rich parent/rich spouse who's willing to sponsor your mistakes, a very high paying job that can sponsor your mistakes, or won the lottery and can afford mistakes, then you don't have to do the last step and keep doing what you think it's the right thing to do.
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2 June 2024 | 2 replies
Seems that someone who is VPBD would not be at this level of detail - but I don’t know how they work.In my research I found:(1) MW506AE is the application for exemption the comptrollers need regarding a 1031x, and needs to be sent in 21 days prior to closing.(2) MW506NRS is the withholding exemption.I think my CPA will handle #2 but #1 is essentially the main form in the whole timeline.I understand what these forms are and would like to get a title company that is also versed in them and not guess what needs to be done.My QI already said they will not fill it out and I guess doesn’t have all the information required for it.
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3 June 2024 | 0 replies
Growing up in a household with 6 siblings and parents working hard to survive living in California I became very observant of what others were doing to make money.
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3 June 2024 | 6 replies
Something’s not right there… did anyone else that doesn’t live in Fl that has the lot/s in their parents or families name not changed over to them with some information that also can be done that they didn’t put in the letter?
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4 June 2024 | 42 replies
They offered no compassion for my situation and instead decided to withhold essential components of the course, leaving me in a precarious position.Adding insult to injury, the course’s foundation hinges on gaining access to the multiple listing service, a privilege primarily available to licensed agents or brokers.
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2 June 2024 | 2 replies
Hi everyone, I’m interested in purchasing my parent’s next door neighbor’s house.
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5 June 2024 | 29 replies
In which case they would need to live with their parents until they have that money available to buy the house.Good Luck!
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31 May 2024 | 9 replies
Hi I recently had a tenant pay a full year rent upfront. Now my prop manager is saying he can only pay me monthly and not give me the full years rent as it is not legal. I have done zero research into this but figured...
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2 June 2024 | 2 replies
Some programs allow that money to be a gift from a parent, others require that money to have "seasoning" in a bank account of 6 months or longer.That would make the monthly payment $1,936 then you add PMI $100 +/--).