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28 March 2007 | 3 replies
How you hold isn't going to impact your taxes (generally) and may make your tax filing more complex, and seller financing is going to make it complex enough.If I were starting out now I "might" set up LLCs and use one LLC for every 3 properties, but I might just do it the way I've always done it.Good luck and welcome aboard.Depending on your state law you may find that outright sales, with low down and easy qualifying, are easier to do than L/Ps.all cash
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20 April 2007 | 3 replies
Hey Doing title searches is easy.
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16 September 2011 | 15 replies
you're right about non-rcourse, butr those aren't easy to find. in my scenario i won't have to go that route. the company i'm working with is at www.wolfecapitalgroup.com. the guy i'm dealing with is Tanner at 702-982-5226.i'll also be giving you a call.you did exactly what i'm doing, but you have to be very careful in the wording of your LLC and way you purchse it with self-directed IRA, or you'll have IRS problems.i found a good article at www.paladinregistry.com/LFP/article_detail.php?
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15 April 2007 | 4 replies
It should be fairly easy, cut and dry.....the lien holders will take your price or not.
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7 August 2022 | 8 replies
That makes it really easy to know the most I should offer for an apartment building by just taking:Current monthly rent / 2% * number of units in building = price I should no exceed on building offer (thats divide by 2 percent not multiply).
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23 April 2007 | 8 replies
I'd really like to do tile, as its cheap and easy for me to put it, looks great, and if water got in ever, so what?
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1 April 2007 | 6 replies
I for one am curious if anyone has a Florida lender they have worked with on-line, that is easy to work with?