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3 January 2019 | 2 replies
So I would first concentrate on being able to document the transactions you've already done and present them to a partner.
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9 January 2019 | 7 replies
@Basit Siddiqi If I were to hire an accountant, it likely wouldn't be from H&R Block or any other national chain.
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4 January 2019 | 9 replies
✓Requirements for a Delayed Financing ExceptionThe original purchase transaction was an arms-length transaction.For this refinance transaction, the borrower(s) must meet Fannie Mae’s borrower eligibility requirements as described in B2-2-01, General Borrower Eligibility RequirementsThe borrower(s) may have initially purchased the property as one of the following:a natural person;an eligible inter vivos revocable trust, when the borrower is both the individual establishing the trust and the beneficiary of the trust;an eligible land trust when the borrower is the beneficiary of the land trust; oran LLC or partnership in which the borrower(s) have an individual or joint ownership of 100%.The original purchase transaction is documented by a settlement statement, which confirms that no mortgage financing was used to obtain the subject property.
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4 January 2019 | 6 replies
My Real Estate goals for 2019 are to acquire one rental property that is cash flowing and complete 3 transactions on deals whether that be wholesaling, brrrr or flipping (depending on which makes the most sense).
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3 January 2019 | 4 replies
There is an income cusp you want to cross before the LLC may be worth the extra cost according to my CPA.
27 January 2019 | 11 replies
After about 3 weeks I crossed paths with him and he seemed nice.
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3 January 2019 | 11 replies
The only downside to doing commercial, in my opinion, is the length of the transaction cycle, can be from 3 to 9 months.
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2 January 2019 | 7 replies
I’d be burning up that phone line and telling him/her they need to dot whatever i’s they need to cross tomorrow because it’s going to get done.
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2 January 2019 | 2 replies
@Pharaoh Mitchell - It depends which part of the transaction you're at.
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3 January 2019 | 11 replies
If you are just crossing a sidewalk , you just dig down on both sides and drive a piece of pipe thru to get under .