
29 July 2024 | 6 replies
(Net selling amount minus all cash you’ll receive from sale that must be reinvested.) are you looking to buy the same price property as you’re selling?

28 July 2024 | 17 replies
If I am not mistaken, IRS tax liens convey with the foreclosure sale and remain on title for 120 days after the sale.

29 July 2024 | 6 replies
However, I have seen just a single deal in that same time, where a subject to could have benefited the seller.

28 July 2024 | 7 replies
It looks like rentals shorter than 30 days are prohibited under 7.8.

26 July 2024 | 23 replies
Since your financing is the same whether you’re an entity or an individual when you’re at 5+ unit properties I don’t think there’s any upside to holding in your personal name.

29 July 2024 | 9 replies
It may not cashflow from Day 1, but will in 1-3 years and you'll have nice appreciation.That's how my manager started out and what he still tries to do.DM us if you'd like to chat more.

26 July 2024 | 9 replies
Same with a repeat offense.You don't need to talk to them about keeping part of the deposit; that's already written into the law.

28 July 2024 | 6 replies
Probably the same for most BP members.Both of our bankers $25mm and $1.5mm Fed loan Cap rate said their customers are out of Covid Government money deposits, thus they, the banks, are not pushing loans now.

28 July 2024 | 2 replies
However, the property I'm looking at is larger than other houses, and to make it a viable investment, I'd need to rent it out for about $2,600 per month.My concern is that anyone renting this property could instead take out a mortgage on the same house, with monthly payments exceeding $2,000.

26 July 2024 | 1 reply
I'll explain...When you purchase a property with existing tenants, who have a lease in place (in MN you can also have verbal leases), you'll inherit those tenants and the leases they signed with the seller on closing day.