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7 October 2016 | 1 reply
No DCR etc...same as multi family
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10 October 2016 | 4 replies
@Ryan EllisI'm curious to know where you learned thisWholesaling lease options or lease option assignments should be done on an option release system First step is you enter into a lease an option with the seller with a letter of intent to sell your interest in the paperwork (or if an agent enter into a listing agreement for lease option)Instead of assigning the deal, you have the tenant buyer place 3% of value of the property in escrow made payable to a title co.You have the seller and the tenant buyer sign off that it's agreed that the 3% is a option release paid to youA new lease and option is created between the seller and tenant buyer (with no large option consideration)You could discount the house value by 3%Use a collection co to take rent and pay underlying note and mortgageHave tenant buyer go to bank and save 3% for downpaymentI would be licensed in FL as you are brokering.
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1 February 2017 | 13 replies
I'm also focusing on buy and hold along with multi family.
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8 October 2016 | 8 replies
Well, if you are multi-state, your LLC will have to register as a foreign LLC in each state (other than where the LLC was formed).
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5 January 2017 | 13 replies
Financially it makes too much sense, but in a country which still refuses to adopt the metric system there is the potential for builders to ignore this opportunity.
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7 October 2016 | 4 replies
I have 3 multi family properties on the west side of Cleveland in Lakewood Ohio and am planning on looking for a larger commercial property.
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7 October 2016 | 5 replies
This is my first interaction with the conventional financing system.
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12 October 2016 | 34 replies
It is important to see things on the ground, get at least some basic on the ground knowledge of their rehab work, the systems in place, the neighborhoods they are operating in, the staff support, etc.
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6 October 2016 | 4 replies
With her 14yr experience in condo property management with a Chicago portfolio, we have decided to capitalize on that knowledge to build our own portfolio through buy & hold opportunities, specifically multi-unit properties.
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19 November 2016 | 7 replies
Hellocan anyone recommend a good Real Estate TurnKey solution to get into the Buy & Hold business for multi-family units?