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29 September 2015 | 31 replies
Could an attorney take your estate to bankruptcy, sell the property and still stiff you friend.....you bet they could.
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6 January 2014 | 52 replies
(made those rates up, didn't calculate the blended rate)Alternatively, if you hold the property in an LLC, when you take out the original loan in full.
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5 January 2014 | 8 replies
Or to utilize the list of risks the insurance company used to calculate your coverage.I would use a ratio of the personal/RE risks.
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22 January 2014 | 22 replies
(I say "luck" because many folks tried exactly the same strategy in 2003 and ended up in a much worse position than if they had not made their bet.)
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8 January 2014 | 5 replies
If you have a house built in 1950 and he has one from 1980 I will bet you are lower.
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6 January 2014 | 5 replies
The taxes will be done/calculated under the partnership/LLC and each of you will get your own document (k1) to apply to your personal taxes.
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7 January 2014 | 4 replies
If you don't have any $ it is your best bet.
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7 January 2014 | 8 replies
When all is said and done, I calculate a 11% cap rate and a cost of money of 4.75%.
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12 January 2014 | 9 replies
Your best bet is to find a portfolio lender (small, local bank).
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5 January 2016 | 22 replies
Vacation rental owners will tell you that in most cases you can bet on renting your place 17 to 24 weeks a year, so you need to figure your profit on that.