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13 December 2024 | 4 replies
I'm wondering about servicing these after completion on a longer term basis following a DSCR guideline as they will be rented, and then selling them in a secondary market.
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19 December 2024 | 2 replies
This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...
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20 December 2024 | 28 replies
Quote from @Bruce Woodruff: Quote from @Stetson Oates: I’m not an attorney so this is not legal advice!!!!
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17 December 2024 | 13 replies
As everyone should see from the above posts, investing in real estate, especially foreclosure and tax sales, REQUIRES a working knowledge of legal aspects that can possibly affect the purchase.
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27 December 2024 | 18 replies
I'm saying that if you had the option of paying taxes on $50K or $21K, legally, all things being equal, which one would you pick?
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21 December 2024 | 10 replies
So we would buy the aceage and since the legal descriptions still called out lot and block we would just start to deed out the lots to get them on the tax rolls and the Assessor would change the maps.
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30 December 2024 | 89 replies
But I know I have all the legal side set up LLC, Business Checking account, Business Credit card, and getting my permit for STR since you need one in Alexandria VA.I just find it really hard to message landlord/apartment complexes/management companies since I'm very experienced and was wondering if anyone could give me advice on what to say and how to go about pitching my business model to landlords.Right now what I email them is along the lines of "I hope this email finds you well.
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20 December 2024 | 2 replies
Legal fees, if any7.
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11 December 2024 | 2 replies
No, banks do not allow a seller held second now a days due to risk and new guide line changes.