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20 March 2022 | 11 replies
I guess having to coordinate/pay property taxes/insurance manually vs escrow, but that’s not a deal breaker, just forces me to remain organized.
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6 August 2021 | 17 replies
This service is more widely available now and my rationale for having that element remains primarily to speed my ability to respond to opportunity since I go to a lot of auctions.
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13 July 2021 | 4 replies
So I’m renovating the one side and going to rent out the boat slips where I can put 5 boats tied stern too, but he shows me on his lease where the seller and realtor signed a revised lease that he has use of the dock for his boat.
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12 July 2021 | 3 replies
While that primary residence can be assigned to an LLC as you move out (in order to rent it), under VA rules you remain personally liable for the payback of the loan (not the LLC).
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12 July 2021 | 0 replies
Generally speaking during a refinance investors get the vast majority of their investment money back, yet the property is still held and investor shares remain the same, so you can proceed to reinvest your money in other projects while continuing to hold interest in the project you invested in.Prepayment Penalty: Predetermined penalty set up front by the lender in case the investor group prepays the loan faster than expected.
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23 August 2021 | 7 replies
Sounds good in theory, but reality is that it's a negotiation starter.Further Reality:1) If you have a great, not just good, lease, you'll have so many lease violations listed that you can then tie into, "landlord has the option to terminate lease with 30-day notice".
7 January 2022 | 10 replies
I'm trying to remain patient, as this is their "acquiring properties" period, and I do feel Noelle is trustworthy and knowledgable with A LOT on the line.
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13 July 2021 | 3 replies
Worst Case: You may be stuck with 12-24 months of cash tied up until you can prove the appraiser's numbers were off and a new appraisal is warranted.
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13 July 2021 | 0 replies
This rule is based on the Trinity Study, which showed that you can spend 4% of your nest egg and remain relatively reassured that your funds would last over 30 years (95-100% chance based on a 50% stock / 50% bond portfolio).
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24 July 2021 | 10 replies
Hi @Ava Miller,The tertiary markets around Charlotte have remained strong for us in cash flow and appreciation.