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11 November 2015 | 7 replies
Some people will tell you that you might trigger the Due on Sale Clause that most likely exists in your mortgage terms, but this hardly ever happens, especially following the steps I just outlined.
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7 June 2019 | 18 replies
Then you can start looking at potential properties and "window shopping" while learning to run the numbers under the guidance of a pro who can double check them, and then pull the trigger when you're finally ready.Hope this information helps.
8 May 2019 | 3 replies
IE scheduling showings, entering tenant payments and following up on past due accounts, research, data entry, contract compliance, etc.There are a lot of firms out there that can cater to a specific purpose.
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8 May 2019 | 7 replies
The depreciation then remains unrecaptured and the deferred tax not triggered while the investor enjoys the income.
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10 May 2019 | 41 replies
O&G Environmental Compliance for 10 years after college.
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8 May 2019 | 6 replies
History, location, the play your making on the park and your experience level all play into your comfort level in pulling that trigger...
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9 May 2019 | 3 replies
Looking back on the true bargains I have purchased in both property and notes I believe they fall into four distinct categories1- situations where the seller needs a very quick sale and I’m able to pull the trigger immediately2- situations where the seller needs to sell and it has to be all cash because financing is not available.3.
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27 May 2019 | 12 replies
Many good deals but there isn't a product from a lender or the investor may lack one thing and cant find a JV.I've been studying crowd funding and looking at lenders like Groundfloor, Do Hard Money, Peer Street and came up with a concept of a Closed Membership/Sponsor Fund.It would be limited to 100 investors (initially and the members would vote on any expansion and the terms of membership)Members would have a contribution of $2,500.00 payable in 2 increments of $1,000.00 and $1,500.00 when a minimum threshold is met by investments from the Accredited Investors.This would be a Reg D 506(C)There would be a Board of Directors (4 AI's, 4 Members, 4 appointed) to provide oversight.There would be 3rd party compliance and a trustee.Staff would be a CFO, Underwriter, Transaction Coordinator, Accounting, Processors and Events/marketing plus admin.Only the members could borrow from the funds.
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8 May 2019 | 5 replies
I am willing to act only upon a written inspection by a qualified inspector so that I can make sure I am in compliance.
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8 May 2019 | 2 replies
And who knows, it may be a deal for someone out there who reads this post (I'm not squared away with all my logistics right now to pull the trigger quick enough).