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14 March 2016 | 4 replies
If you can GENUINELY "get a speedy refi", then how about closing on the deal, into your Name, so your next Buyer gets a nice clean Title, and you pay out your Lender on the double-close!?
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9 March 2016 | 4 replies
If I qualify for a conventional loan, will I be able to use the loan to do the rehab work for a joint venture of 60/40 split?
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9 March 2016 | 20 replies
Assuming this dog is genuinely digging serious holes and coming into her yard, I still do think her first step is to talk to the neighbors.
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13 March 2016 | 5 replies
I would recommend looking for a lender/partner that would do a joint venture.
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11 March 2016 | 4 replies
This is a genuine proposal, and I know that I will be a valued asset to someone within a week's time.
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19 May 2016 | 15 replies
@Dave Toelkes the post started asking about the use of a LLC as a pass through entity, IRS allows you to treat a single member LLC as a "disregarded entity" and a married couple in some states depending on the laws concerning joint property.
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16 March 2016 | 4 replies
Keep it simple, you only need one out clause.Maybe these are some of the questions you want to ask your lawyer to build into your offer:An agreement that you can use to flip, joint venture or hybrid propertiesTerms and process to collect your assignment fees A nothing down clause, check funds clause with non-negotiated fundsWith a build in extensionOne that allows you to control the property for an extended period of timeWith full profit disclosuresWith one easy to understand out clauseWith right to assign, right to market, right of possessionAsk your lawyer to write an offer based on those terms and you'll have a written work of art.
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21 March 2016 | 2 replies
So, the comunity says the rehab and other cost dont qulify as loses.So I've been advised to do a regular joint tax filing.
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15 March 2016 | 2 replies
If you are an experienced contractor and can manage the jobs, you might be able to partner with another investor that has the money, and you find a equitable way to split profits with a joint venture, etc.
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17 April 2016 | 6 replies
I genuinely believe that I will do well and enjoy the Wholesale market.We lost our first house, (which I purchased with a 203k), to a failed Chapter 13.