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8 June 2018 | 10 replies
The number of new people in Aurora outgrew the number of new homes by almost 6% during that same period.
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7 June 2018 | 5 replies
If I were to do this, I would want to rehab then put a mortgage on the property after a seasoning period (essentially the BRRR strategy) but, even if I force appreciation and it cashflows, I am still worried about finding a traditional lender.I thought I might use a partner to co-sign a traditional mortgage with 20%-25% down and that way I could do several deals with conventional financing using my saved capital.
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6 June 2018 | 1 reply
Then, you are able to sell that note w/o having to worry about a seasoning period because it is not a cash out refi.I think I follow most of this process (please correct me if I have the above incorrect), but I struggle with understanding how the note to the LLC needs to be constructed in order for me to sell it to a lender or a private investor.Most of this is based on a strategy by @Andrew Postell
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11 June 2018 | 11 replies
Or everything goes perfectly and you get rich in a short period of time .Which sounds more likely to happen?
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6 June 2018 | 0 replies
Is real estate education and books works on all countries ?
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8 June 2018 | 10 replies
Yes I have 7 more days of my 45 day identification period left.
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7 June 2018 | 13 replies
Could anybody please explain to my these 1013 rules below with examples in numbers keeping in mind that my numbers are:purchased for 250 all cash dealsold for 600 - 30k for real estate agent = 570KTypes of Replacement Properties to Identify: Three properties without regard to their fair market value.Any number of properties as long as their aggregate fair market value at the end of the identification period does not exceed 200% of the aggregate fair market value of the relinquished property as of the transfer date.If the three-property rule and the 200% rule is exceeded, the exchange will not fail if the taxpayer purchases 95% of the aggregate fair market value of all identified properties.I do not understand exactly what "aggregate fair market value" means and especially the third point is a mystery... if you made it so far ;) and understood I misinterpreted the BOOT, could you please explain it to me with a clear explain in numbers?
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21 October 2018 | 14 replies
This caused me a rise in interest rates and the second hit to my credit since it had to be pulled twice over the period of closing.
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14 June 2018 | 14 replies
One of my take-aways from Vijai's wonderful and educational walk-through a couple of weeks ago was to be wary of foundation issues.
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8 June 2018 | 3 replies
I have a business degree (supply chain management and marketing) and have been self-educating on real estate topics, but I'm about ready to get my hands dirty.