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8 May 2011 | 9 replies
4) I would "assign" the contract to whichever buyer is interested in the property and make my "assignment" fee.So, this seems to be the process in a nutshell, but what are the more "in depth" steps I'm missing?
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22 July 2013 | 25 replies
The lender needs to work hard to call the loan due, and want the property back, so they rarely call the loan due.This is also applicable to selling on terms with a Sub2Wrap Around MortgageContract For DeedI would:Lease for 12 months with (1) 12 month extension possible if rent is paid on time.Separate Option for 3% of value, applied toward the purchase price.Term for Option is 24 months.You can test the waters with CraigsList,"Must Sell, Need to relocate to AtlantaCash Sale or Rent to OwnBeautiful (describe best features.)Will Rent to Own to right party with good income.I am selling at a Fair Price and at Fair Monthly Rent.Please fill out this form (link)Link the form to a free www.jotform.com form.Ask for job info and income info, name, cell phone, email, and date to move in.I would take the top 3 candidates and have a licensed mortgage broker look at their app.You can download this Tenant Buyer Eval Form http://www.biggerpockets.com/files/user/REISkills/file/tenant-buyer-eval-form to fill out for your Tenant Buyer Leads.
14 August 2017 | 3 replies
Whichever will benefit you financially the greater would be my choice.
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23 September 2016 | 11 replies
I use a normal voip provider and just have my cell phone answer either line.
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15 August 2015 | 37 replies
., whichever is more... and pay it back over five years if you are purchasing the property as a primary residence.
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8 August 2012 | 5 replies
I tend to be very conservative and shoot for a minimum of $15K or 15% of resale price (whichever is greater) in profit on each rehab.
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19 June 2020 | 3 replies
Taxes on this capital gain will be due in 2027, or when the Opportunity Fund investment is sold – whichever happens first.But, investors who conduct a series of 1031 Exchanges will face other issues, such as depreciation recapture.
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28 November 2010 | 7 replies
I understand interest paid, points pre-paid, etc...can all be written off in whichever year they are paid in.
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3 April 2016 | 2 replies
Balloon Payment at 2% of Loan Value or six months interest in full, which ever is less.It is designed for a 6 month run.
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17 April 2016 | 21 replies
Good Luck with which ever path you decide to take!!