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5 June 2018 | 8 replies
@Francisco Rodriguez We all are gifted with some kind of uniqueness.
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4 June 2018 | 12 replies
to the SMLLC away from me personally.Step 2: Conduct a 1031 exchange on the property and purchase multiple rental properties (in the 60-90k range)Step 3: In order to replace the value of my debt, enlist a service like Fund & Grow to get a loan that is 0% for 2 years.Step 4: Contribute all net proceeds from the rents, plus wedding gift money (assumed to be $50-100k) towards paying off the loan during the first 2 years.Step 5: Before the 2 years is up (and the 9-18% interest kicks in), take the remaining debt amount out from my 401k to stabilize my debt interest rate to ~6.75%Step 6: Pay off all debts over years 3-5.My concerns are;1) How hard will it be to find multiple properties in the allotted time frame of a 1031X using these services?
4 December 2016 | 6 replies
Dropping off Comparative Market Analyses for homeowners, dropping off gifts for past clients.
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28 January 2017 | 18 replies
@Tony Wooldridge I was gifted the 3 day class for Christmas in order to attend it with a family member here in Seattle.
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15 December 2016 | 4 replies
So its very difficult to find a gift my dad likes, but I hit pay dirt last year when I paid my parent's property taxes on a lot next to their house that my dad has used for his business.
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21 August 2017 | 5 replies
That doesn't mean you need 20Save, in Canada the law is quite specific about prescribing limits on your creativity (particularly for residential properties): your downpayment must come from your own funds/equity or can be gifted to you.
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3 November 2017 | 1 reply
What we've agreed to so far is that they will 'gift' us [early] our inheritance portion of $130750 and carry back the remaining $261500 as a private loan that we'd be paying back to the trust (and therefore slowly be buying my brothers out per their respective parts inheritance).
25 December 2014 | 8 replies
Your downpayment options start at 0%, your closing costs can be borrowed/gifted (not an issue for you) and your co-signer is the US government which leads to awesome interest rates.I don't recommend that you get tricky with your first purchase.
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12 January 2014 | 2 replies
Yes this is a close family member and the sale would essentially be a gift of sorts hence the low sale price.
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19 December 2013 | 7 replies
I have read that section 8 housing can be a gift and a curse, but that there are a LOT of positives to renting to section 8 tenants.