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29 March 2024 | 99 replies
You may not always know what the seller has instructed the listing agent to withhold and what they are required to present, but you can include a provision in your offer that requires a formal written rejection, and all offers should have an acceptance date and time deadline obviously.
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29 March 2024 | 7 replies
They typically require 20-25% down so it sounds like you're good there.
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29 March 2024 | 4 replies
@Hans Baum Seller can potentially lose that portion entirely if new buyer goes into foreclosure or short sale, so most who will even consider an assumption usually require a buyer who can go through proper VA assumption process and substitute their entitlement.
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28 March 2024 | 10 replies
A bank can't extort a tacked-on higher interest rate if a borrower won't agree to new terms...terms that would now require unnecessary documentation and hassle.Here's excerpts from their letter to commercial customers I got last week, on company letterhead.
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29 March 2024 | 12 replies
Remember, real estate investing requires patience, perseverance, and continuous learning.
30 March 2024 | 17 replies
We send a rent raise letter within the 60 day window required by ours.
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29 March 2024 | 7 replies
I do not have the level Of patience required to enjoy owning an investment that I have to supplement for years.
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28 March 2024 | 28 replies
There are price and debt requirements, as well.
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29 March 2024 | 12 replies
@Jaquon Miller, while there are certainly some lessons that are learned from fix and flips and BRRRR that may translate into syndications, I would say it is not totally the same.Syndications require a far more in-depth understanding of investment finance than the typical BRRR or Fix and Flip.
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29 March 2024 | 10 replies
This can be done using accounting software or a spreadsheet, which can make it easier to collate and organize the information you need for 1099 filing.It's important to review the IRS guidelines and requirements for 1099s annually to ensure compliance.