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8 January 2024 | 6 replies
Typically our lending partners programs are as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.
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24 November 2023 | 13 replies
I'm far from a CPA or lawyer, but from what I can tell, Wyoming, Nevada and Delaware may have advantages to register an LLC in, but I'm also not sure if having an LLC in a separate state from your properties overcomplicates taxes.
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22 November 2023 | 4 replies
. - ChirsIf your business is completely online, you’re ok to open your LLC in a state like Wyoming or Delaware.
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8 January 2024 | 8 replies
Longer amortizations, balloons, lower rates, and fixed interest rates all de-risk the project, but it's case by case.
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9 January 2024 | 6 replies
In Delaware, if you don't the tenant can sue for double the deposit.
27 May 2020 | 2 replies
Also, I read that power lines typically de-value a property by around 10%, does anyone know if that seems true?
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8 January 2024 | 7 replies
Wyoming or Delaware?
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8 January 2024 | 17 replies
Right now, I'm considering Vermont or the Delaware beaches.
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2 December 2023 | 26 replies
QUESTION...I am relatively new to Real Estate investment as well.I am a NY resident with a single member LLC registered in Delaware (disregarded entity registered against my personal SS#).
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24 September 2020 | 22 replies
Using a nom de plume or pseudonym has just as many problems as they seek to avoid.