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23 July 2018 | 4 replies
It seems tax sales are difficult in the commonwealth as some counties have a redemption period and and some do not.
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1 August 2018 | 9 replies
My name is Nathan Story, I’m currently working with my partner on educating ourselves and learning as much as we can before we decide to progress with our investments.
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11 June 2018 | 6 replies
If you can't get a long amortization period (25-30 years), this will be even tighter.2.
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5 June 2018 | 3 replies
And 2: is it stupid to delay or change my education to get into real estate sooner?
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6 June 2018 | 3 replies
If you want to do more reading on this just for sake of education (which is important), there are probably now hundreds of articles on BP about tax status for LLCs.
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6 June 2018 | 6 replies
They will be the best educated and professional PM's
6 June 2018 | 6 replies
HMLs can do a % down of the ARV and finance your rehab too depending.Refinancing usually has a 6 or 12 month seasoning period depending on your local credit union/bank and usually they require 1 year lease.Lenders- if you are going conventional, and have properties in your target market that would finance (ie no roofs that need to be repaired or major mold issues) then just start talking to local lenders and see what their requirements are.
6 June 2018 | 15 replies
Additionally, send a demand letter to the buyer for the earnest money if they failed to obtain approval within the required period in the contract.
25 June 2018 | 2 replies
Hey All,Negotiating with a seller who wants a 10 day contingency period.
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5 June 2018 | 0 replies
HI BP,I'm in escrow on a triplex; I have the funds to close and fund it all the way through but I am trying to get creative because I see other deals.Purchase: $25kRehab: $40-45k, 6 weeksARV: $90-100kTriplex: 2x 2/1; 1x 1/1Jacksonville FLCB structureOptions:Cashout refi, no seasoning: If I could finish the rehab and start the process for a cashout refi without seasoning, I would then do the deal cash with my own funds.Short term financing during seasoning period (ex: partner with contractor, private money, cheaper hard money?)