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11 July 2024 | 10 replies
Things like that are often challenging to translate exactly to a rental calculator if you are not quite sure how to input these details.
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13 July 2024 | 1 reply
Hello so I am currently working on a deal for purchasing a commercial/residential property and the seller is willing to do a seller financing agreement with good terms.
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14 July 2024 | 16 replies
We didn't expect the fact that insurance should cover short term rentals but raises a red flag for lending during the 30-60 day period after closing where they make sure you're not using the home as a rental.
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12 July 2024 | 48 replies
Instead of regular deals they have a lot of these rate/ term refi products on their books.
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15 July 2024 | 17 replies
Just prepared to run those numbers with their buyer commission, as that will be changing.Third, the property manager should be the driving force behind how and where you invest in the long term.
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15 July 2024 | 33 replies
Does anyone know of a list site that will provide targeted lists (that are not a scam) like:- Owners of houses who have owned thier homes for over 20 years (posssible repair problems so they might sell for less, or possible free and clear owners who might sell for terms)- Non-owner occupied (burned out landlords)Then one could do a direct mail campaign.
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12 July 2024 | 3 replies
Please find some details belowAcquisition fee - 5%Asset management fee - 3% of gross incomeconstruction & oversight mgmt fee - 5% of rehab budgetdisposition fee - 1.75%guarantor fee - 2.5% of loan amountPref is 10% with 60/40 split unto 15% IRR and 50/50 there on.This is my first deal in the RV space so not sure what's the norm, so would really appreciate some guidance/feedback. # of fees looks standard but the % are slightly higher than what I have seen in the past (1-3% being normal).
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12 July 2024 | 42 replies
It is all in the details of the deal and person driving the plan.
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15 July 2024 | 50 replies
There are some very detailed threads here about specific states.
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13 July 2024 | 10 replies
But if I put 0 for the state tax, my follow up question is how should I report this passive loss to NC which may be used to deduct future passive income.If you know any detail tax instruction for NC state that can help with case that would be also very helpful!