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13 November 2024 | 9 replies
If you do go under contract, make sure you have ample DD period and that there are contingencies included so you can get your earnest money back.
14 November 2024 | 20 replies
Keep in mind that there may be legit charges associated with termination- for instance, they may need to hold some funds in escrow to cover lingering utility bills or cleaning after that 30 day period.
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13 November 2024 | 9 replies
Also, there have been several hosts that have come over from airbnb during that period.
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15 November 2024 | 8 replies
You forget that he’s going to be out of country for substantial periods of time.
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15 November 2024 | 23 replies
You can do as little as 0% down and maybe even get money back at closing if you can implement seller credits into your offer during the inspection period or prior to going in contract.
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14 November 2024 | 6 replies
One thing I didn't like about FF's calendar was that you can't define a time period that you will rent.
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14 November 2024 | 10 replies
But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.
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13 November 2024 | 23 replies
For instance, not knowing what type of panels are on the naughty list in the eyes of the lender will trip you up during a DD period if you haven't underwritten your line item expense of replacing them.
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13 November 2024 | 6 replies
Seller Financing over a 10 year period with a balloon at the end and a downpayment of $40,000.
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13 November 2024 | 4 replies
However, my timeline is flexible, so I could end up staying for a shorter or longer period depending on future plans.In my research, I’ve noticed that many condos in Buckhead come with renter restrictions, which is causing me to reconsider this approach.