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20 November 2017 | 7 replies
If they're not, it's a long and involved (and expensive) process.Most often, the larger parcels will be developed into graded lots by one of the regional development companies, then sold to regional builders to construct and sell the finished homes (and potential commercial components).Smaller developers (like myself) can take on the smaller parcels (say, 10's of acres) that are too small for the regional companies to touch - there's an opportunity for your client to partner there and capture more of the profit stack if s/he's interested.Regardless, there's plenty of brokers who work in the space and broker between land owners and developers for owners who aren't familiar with the business.
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11 December 2017 | 17 replies
Having said that, I would strongly recommend (for a number of reasons) that you speak with a lender/broker who’s well versed in VA loans, rather than trying to go through an institution like quicken/USAA.
21 November 2017 | 16 replies
Escrow officer prepares DT or mortgage..when I had my Hard money shop my doc prep folks prepared the note .. title and escrow the DT or mortgage.and Escrow can prep note as well.. assignment of rents is buried in the DT or Mortgage.. these are standard docs out our way and not custom made..
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25 November 2017 | 9 replies
They want to lose all your future custom over a (slightly) less-than-minimum loan?
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26 November 2017 | 9 replies
If you are interested in Commercial Buildings, have you spoken to any Commercial Brokers?
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28 January 2020 | 12 replies
Are you using them directly or are your going thru a broker?
21 November 2017 | 3 replies
Hi Samuel Odeyemi there are plenty of agents/brokers on BP that are active investors .
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30 November 2017 | 14 replies
I am a practicing licensed broker with a decent size business (LLC #1), however this rental property is within (LLC #2) which has a couple other rentals in it as well...so when you say "real estate professional" I am a little unclear if my "day job" as a broker would give me this title since this property pertains to LLC #2 and is my "rental job" which is passive income, not active.We've rented the property for 2 years as originally intended, but do the fire and renovations, plus the market being higher than I ever anticipated in this area, I want to get out what I can and roll the money into a better location via a 1031 tax exchange.Thanks again for all your input!!
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21 November 2017 | 2 replies
One I bought from a neighbor , one from a drive by while doing service calls , one from a customer , and one from a friends mother after she went to assisted living .
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22 November 2017 | 8 replies
I am a passionate investor and Licensed Broker based in Telluride, CO.