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1 September 2016 | 3 replies
Provided I follow all the timelines and hold property "A" as joint tenants with my partner?
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2 September 2016 | 14 replies
So, I revisited the Matrix and really investigated this joint venture/mentor/student thing.
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9 September 2016 | 12 replies
@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to the lender(s).Dunno if that helps...
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1 September 2016 | 4 replies
One of the joint tenants is deceased and the other is the child of the deceased who I am having trouble locating.
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4 September 2016 | 8 replies
Cal right now, but we're also looking at venturing out into the Midwest and we're always open to doing Joint Ventures if that's something you think you might be interested in.
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28 September 2016 | 12 replies
Ross Ellington , if the sum of your mortgage interest, any points, and property taxes exceed $6,300 for single filer or $12,600 married filing joint or $9,300 for head of household THEN you would elect to itemize your deductions and lower your taxable income by the sum of interest, points and tax.
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28 November 2016 | 8 replies
Either way, you'll need to have at least a joint venture agreement with a partner that you have a good relationship with.
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16 September 2016 | 10 replies
It's actually the land of the "fee" :) Jokes aside you can often get away with things like that even if they're not permitted provided you don't put noses out of joint (with neighbors/tenants etc).
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2 September 2016 | 4 replies
You have made a great choice by jointing the Bigger Pockets community.
3 September 2016 | 3 replies
By the way, I don't know of any conventional lender that can close in 30 days today, even with the most cooperative seller.Did you use the standard CAR multi-res purchase offer and joint escrow instructions?