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10 February 2021 | 2 replies
I'd also check with a CPA that this won't trigger some sort of taxable event.
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10 February 2021 | 9 replies
I am very familiar with the BRRRR strategy, however when it comes to +5 doors properties (please correct me If I am wrong) this triggers commercial lending, where valuation is based on the performance of the asset itself in terms of Net Operating Income (NOI) and hence correlated 1 to 1 to higher rents.
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17 April 2021 | 4 replies
@Evan Skarbek did you pull the trigger and make the move?
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11 February 2021 | 4 replies
I believe the magic number is 90% of the property renovated triggers HST but in doing some research it seemed a little subjective.
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11 February 2021 | 0 replies
Please have the plumber repair and remedy the heat to an acceptable level of operation immediately or I will have no other choice but to trigger an emergency inspection with CVR.
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12 February 2021 | 0 replies
I know that even if your lender has a strict due on sale clause, by law they CANNOT trigger acceleration/due on sale when a person transfers title/deed into a trust.
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12 February 2021 | 0 replies
If I have someone willing to put up their name and credit for a mortgage in exchange for 10% of the profits (and fully aware that they will not have any ownership, rights, or interest in the property; only the 10% agreed upon nin the contract), how do I legally get them to transfer title/deed to myself or my LLC without triggering acceleration/due on sale?
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10 August 2021 | 2 replies
Jacob,Next time your ready to pull the trigger message me.
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26 February 2021 | 17 replies
Once you have that in place, (and you might not have it all lined up, that’s ok too) but if your looking to buy right now, if you like a house, you need to pull the trigger quick and commit.
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14 February 2021 | 6 replies
Whether or not this is the only house we partner on or we become partners for life it could lead to something great and at the end of the day we just have to pull the trigger.