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18 July 2024 | 1 reply
For commercial asset classes, local credit unions can often be an excellent resource for more complicated or unique property types.
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18 July 2024 | 7 replies
In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.
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18 July 2024 | 6 replies
Their false promises, inefficient processes, and overly complicated application requirements have been a costly mistake.
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22 July 2024 | 82 replies
Basically they were making these into more traditional transactions with a commission attached.To further complicate it, the NAR clear cooperation policy meant you couldn't share those off market any more without incurring a $500 fine, so they would basically end just going to market anyways in that case.
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18 July 2024 | 4 replies
I agree and definitely think navigating the website and finding the "local meetups" has been over-complicated and frustrating.
16 July 2024 | 4 replies
Florida is a Judicial foreclosure state, so you'll have to go through the court system if you want to foreclosure.
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16 July 2024 | 7 replies
Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).
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18 July 2024 | 11 replies
The fact that you discovered concerning information about the male tenant's past after signing the lease complicates matters.
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17 July 2024 | 4 replies
I’m just starting my RE journey so I know my taxes aren’t very complicated, but still I wanted to use a professional and invest in proper tax planning from the start.
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16 July 2024 | 15 replies
I also stay away from judicial states since the foreclosure process can take a long time.