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6 January 2019 | 4 replies
When we accept a mortgage subject to deals are technically prohibited as the deed has been transferred.
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27 October 2019 | 27 replies
If it was you that wanted to break the lease, or do something prohibited, they would hold you accountable.
16 September 2019 | 5 replies
For the IRA to pay just the down payment is considered a prohibited transaction by the IRS.
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8 February 2020 | 4 replies
Airbnb is a great option, but if you rent instead of own beware your lease: most in Chicago prohibit Airbnb.
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12 December 2018 | 7 replies
@Russell Brazil hit the nail on the head - the 2 main ways to prepare for recession are:1) don’t over-leverage (buy properties in cash or put more down): this keeps your monthly loan pymts reasonable & gives you a buffer2) maintain cash reserves: in case you have to come out of pocket to cover extra vacancies, etcDoing both 1 & 2 are tough & will prohibit you from buying as many properties as you otherwise could - that’s kind of the point ;) Fewer properties with stronger balance sheet is key.Months of inventory is a great way to measure the health of a market & trends in a market.
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26 December 2021 | 8 replies
@Wayne Connell I think it would be a prohibited transaction to use 15% down payment from your SDIRA and then owner finance the rest.
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6 December 2020 | 19 replies
California is terrible for cash flow and the laws prohibitive.
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4 January 2017 | 17 replies
Almost all residential loans will have either a due on sale or a clause that prohibits assignment.
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31 January 2014 | 12 replies
You give them A LOT of money, and their net worth requirements tend to be prohibitive to the small guy (read MILLIONS).Done rambling.
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19 March 2016 | 10 replies
Title VIII of the Civil Rights Act of 1968, as amended, prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents of legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability).Better take a landlord class and get your act together.