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7 March 2024 | 82 replies
Or should we start from scratch and utilize the other platforms only initially being that we are new to the game?
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7 March 2024 | 3 replies
Typical rates are 8-12% of income either monthly or yearly depending on manager.
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7 March 2024 | 7 replies
@Kalen AdamsonNot tax advice as a cpa can respond but typically when you cash in stocks that gain is taxed (if owned for a while at qualified dividend rate).You could take the cash, hold money for taxes and put that money as a contribution to the LLC and then start investing in real estateIf you invest in real estate you may get depreciation etc whixh could be paper loss and potential reduce tax obligation but the entire picture needs to be looked at
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7 March 2024 | 27 replies
You will typically have to build new spot footings below the first floor to tie into the new 3rd floor.
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7 March 2024 | 35 replies
Carlos - the minimums are usually higher, however working with a financial adviser that does a decent amount of business with DST/REIT sponsor firms you can typically get the minimums down to DST levels (100k).
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6 March 2024 | 5 replies
A failing system typically cannot be simply handed off to a buyer without remediation and replacing an aging septic system with a modern alternative treatment system (ATS) can be a significant financial undertaking.
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6 March 2024 | 6 replies
Most of the big banks who originate 80%+ of all loans, typical hold these on their books.
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6 March 2024 | 17 replies
Nathan, Congratulations, as Alecia said the first one is typically the hardest.
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7 March 2024 | 15 replies
Your credit score could be disregarded by partners or lenders if you have a strong business case.Hard money lenders typically focus on the property's value rather than the borrower's credit score.
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5 March 2024 | 27 replies
The units without mortgages typically net $10-12k annually and the units with mortgages net about 1/2 that.