22 January 2014 | 51 replies
Agreed, the financing does not make the property worth more, but I don't believe that is what she is saying. if her hard money loan costs are say $20k over a 5 or 6 month period, and by receiving owner financing, she can avoid those costs (or a portion of them), then she could "afford" to pay more for the purchase price in exchange for better terms which ultimately save money.I like how you are looking to get more creative and provide multiple options for you to purchase and he to sell.
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17 January 2014 | 11 replies
@Jordan LivesI'm a mortgage broker and I can tell you that multiple inquiries should not affect your credit score.
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18 January 2014 | 1 reply
Don't forget to complete your profile.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.
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19 January 2014 | 6 replies
You may need to 'interview' a few brokers (maybe quite a few) before you get to where you want to be.Other (necessary, IMO) 'assets' are J Scott's book The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties and a statement of work that your contractor can help with.Good luck.
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21 January 2014 | 7 replies
Looks like a termite treatment or multiple treatments.
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2 June 2013 | 6 replies
Assuming there are multiple parties on the affidavit, what's the cleanest method to remove those parties whom have no interest?
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16 January 2014 | 8 replies
Lila welcome to biggerpocketsMy suggestion is to interview several real estate agentsand to attend a few of your local reia meetingsAt your local reia meetings you most likely will connect with a few agent / investors ( networking )As Ned / Brandon stated - a few keyword alerts examples :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~San Diego, Sacramento, California, Anaheim ,North Carolina, South Carolina, Charlotte, etc
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26 November 2013 | 18 replies
Also in my own reading of stories and interviews of millionaires or billionaires real estate very often comes up. it is very common to hear about an entrepreneur that invested in real estate and then used their profits to invest in an other type of business for example.
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7 June 2013 | 14 replies
I don't believe their ruling affect multiple member LLC's.
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11 June 2013 | 28 replies
J Scott My CPA touched on the dealer status issue as well, describing how to set up multiple entities in order to treat flips as capital gains, rather than ordinary income.