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28 January 2020 | 7 replies
There are a lot of really terrible flips here, so there's opportunity to separate yourself from the competition, just make sure you budget correctly and make sure there's enough meat on the bone.
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28 January 2020 | 2 replies
Does anyone see any issue with advertising and landing a deal with one LLC’s name then closing the deal using a separate LLC?
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29 January 2020 | 2 replies
I heard someone mention something about filing taxes separately..
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27 January 2020 | 5 replies
@Andri Grullon They are completely separate loans.
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27 January 2020 | 2 replies
If so, the test for corporate (business) limited liability is whether the corporation is separate from the individual, whether the business holds itself out as the owner rather than the individual and whether the business is properly capitalized to avoid foreseeable loss.If you have good insurance, that's basically the same thing as being properly capitalized to avoid foreseeable loss, but you have to realize that any injury over the $1mm mark is probably coming out of your assets.
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30 January 2020 | 9 replies
From a legal standpoint though, a multi-member LLC is a separate entity (often treated the same as a separate individual), so why would there be any liability for a broker when the entity is purchasing a property that is not utilizing the services of a broker.
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4 February 2021 | 1 reply
If so, can a lender please speak to if it would be possible to find a partner a create two separate loans.
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27 January 2020 | 0 replies
Units in 3 separate buildings*Each building is 2 stories What made you interested in investing in this type of deal?
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17 February 2020 | 7 replies
(This estimate could be hours per week, or days per month, whatever makes sense to you.)Separate first and second year projections would be ideal.
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29 January 2020 | 13 replies
Also, one of the bedrooms i hope to add will be in the basement, which is already finished and has a separate egress.