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23 July 2019 | 2 replies
you’re in contract; so you have deadlines, and if you don’t meet them you can get stuck with extension fees, or lose the deal altogether.I wouldn’t risk the deal over the 1/8 of a point you may or may not be able to save, unless you think your current lender is unable to close your loan.
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6 August 2019 | 41 replies
Some are rate locked, have extensions built in and are lower than typical bridge.
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23 July 2019 | 1 reply
Would like to get any advice on conducting rehabs on properties that are going to be out of my immediate reach.
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25 July 2019 | 4 replies
Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).If you are self-employed with no full-time employees & you can rollover the funds, you could set up a Solo 401k, rollover the funds and take a 401k loan from the Solo 401k.
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24 July 2019 | 8 replies
Let's say the house is listed for $50K and needs extensive work; big dollar problems like masonry, roof, electrical, HVAC, all having issues.
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25 July 2019 | 5 replies
Read these:questions-for-capital-partners/real-estate-partnership-questions/questions-ask-investment-partners/How to Effectively Conduct Joint Venture Agreements as a Real Estate Investorhow-do-i-properly-construct-a-purchase-with-a-partnershipcreate-an-llc-for-first-partnership-best-way-to-do-sotaking-on-partner-s-and-limiting-our-liabilitesIf you decide to proceed, I think you should have an LLC formed going in a limited partnership with your(s) partner(s) LLC.
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25 July 2019 | 3 replies
I know what wholesaling is and the general steps to complete a wholesale deal, but I'm specifically looking to learn more about HOW the deal is actually conducted (double close vs. contract assignment, legal concerns, etc.).
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24 July 2019 | 2 replies
Here in the US the Appraisal Institute has conducted extensive studies and has found that PV adds $20k in value for every $1k in energy savings, for owned systems of course.
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24 July 2019 | 0 replies
as a beginner, I feel like I have done extensive research on strategies that I would like to use, the pros and cons of those strategies. but haven't really looked into who you would consider to have on your team to help you out. as of right now I have a good friend of mine that is an agent in the area.
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31 July 2019 | 10 replies
I have preached extensively to investors about the value of getting a license.