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30 April 2012 | 20 replies
In these forms you state that you don't have an end buyer lined up and sometimes they put a seasoning clause in that states you must own the property for 30-90 days before you can resell the property.
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6 June 2015 | 16 replies
I've been renovating and reselling houses for many years but lately I've been researching courthouse sales and attending some auctions to get more familiar with the process.
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13 June 2014 | 9 replies
Specifically ask if you are a portfolio lender, or if that goes over their head as that you are looking for a mortgage bank that does not resell the note to Fanny/Freddie.
26 June 2014 | 10 replies
Check the comps (I would have them already) and see if it is worth the price and work and if you can resell it.3.
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5 December 2015 | 7 replies
It'll be pretty obvious because the purchase contract is going to have one price on it and then when you assign it to the end buyer it's going to be for a different (higher) price.What David was referring to by "double close" isn't a document, but rather the process by which you actually close on the property and then essentially re-sell it to the end buyer.
8 February 2016 | 9 replies
Have you ever considered :“New Every Two” Primary Residence Flip –Many investors simply invest only in their own home, adding value and reselling every two years.
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31 January 2016 | 8 replies
For me, it's an educated risk that I've evaluated because I'm comfortable fixing title problems that others either do not understand or are not willing to correct post acquisition.The place for FOIA is to gain access to information that's not available to the general public or via traditional commercial data aggregators, resellers or even researchers.
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8 October 2015 | 3 replies
Are you talking about wholesaling; traditional flipping (buy an unloved house, rehab, resell); or something different again?
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12 November 2016 | 12 replies
Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.
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18 May 2016 | 2 replies
Out of the $15,000, the investor has to pay closing costs to purchase the property, holding costs and then again closing costs to resell.