
10 October 2016 | 4 replies
***Additionally, a mortgage broker that is able to take a tenant-buyer's option consideration that is paid to me (wholesale lease option deal), and either apply that consideration towards the TB's down payment when the exercise their right to purchase ORdiscount the price of the house.Typically the consideration goes through a third-party escrow account (my attorney's), and that helps with the above.Typically mortgage brokers who understand this type of situation will only submit financing applications to banks they have great relationships and won't have an issue with this type of thing.Thanks in advance!!

1 February 2017 | 13 replies
My concern would be the vacancies between school years (June through August) and having to account for loss of rent.

8 October 2016 | 8 replies
The series LLC avoids the issue of forming multiple LLCs and accounting for them at the end of the tax year.
7 October 2016 | 1 reply
Hi Account Closed .There isn't an option to listen "live" but they are released on iTunes, SoundCloud, Stitcher or any of your favorite podcast players on Thursdays in the wee hours of the morning.
23 October 2016 | 9 replies
@Jacob M.Like @Cameron Tope said, knowing what your criteria are is essential for determining if something is a deal for you.COC is a rather shallow metric, especially when comparing with other investment types as it doesn't take into account the advantages of leveraging, on paper losses and other tax advantages that you get with RE.

29 May 2017 | 8 replies
A personal guarantee of the retirement account owner for debt taken on by the account is an "extension of credit" and is a prohibited transaction.Real estate debt financing within an IRA will result in UDFI, which will be taxable income to the IRA.

7 October 2016 | 2 replies
My DTI is not good enough right now for a bank because my rental income from my first deal earlier this year is too new to account for.

7 October 2016 | 7 replies
Three brief thoughts:1) at some point prices will make new highs. 2) it's been 8-11 years since "2005-2008".3) you're not accounting for inflation, so prices haven't actually reached "those" levels quite yet.
4 September 2019 | 6 replies
Account Closed I work Chicago although I'm in Phoenix but Chicago is always home.
9 October 2016 | 19 replies
Account Closed I had this exact question come up recently.