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28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
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23 January 2025 | 9 replies
They have larger offices with more agents to network and learn from, training meetings, etc.
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26 January 2025 | 3 replies
Hi Stacy, nice to meet you and congratulations on taking the leap investing in the Clarksville area!
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25 January 2025 | 5 replies
He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.
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18 February 2025 | 13 replies
If we meet a resident through an OTA, we enjoy certain protections with that platform, but if, at any time, the resident wishes to extend, but not through the platform, we require the same background check, credit check, and eviction check as for anyone else not booking through an OTA.
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22 January 2025 | 0 replies
Here’s how you can stay informed and ensure your rental properties meet all legal requirements.1.
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5 February 2025 | 17 replies
We're going to start attending local meet-ups again and stay active.
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27 January 2025 | 1 reply
Was the process smooth, and did the property meet your expectations?
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18 January 2025 | 5 replies
Here's why:This is a picture of a Schedule E.
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24 January 2025 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.