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14 September 2018 | 2 replies
Theoretically speaking...If I were to purchase a two-unit property with an FHA loan and only rented out 1 of the units for the first year but didn't live in the second because I was able to live with my parents would there be a legal problem with that?
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18 September 2018 | 6 replies
I know it varies on the legalities state by state, but how many of you earn a little bit on your deposits by placing them in a brokerage account?
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20 October 2018 | 7 replies
Do not rely on it for legal advice.
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17 September 2018 | 10 replies
I’m trying to go about this the right way but I feel based of of the things she’s said that my next step is to get some legal advise but I can’t get a lawyer to return my calls.. what should I do??
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15 September 2018 | 10 replies
This is not a legal opinion just a personal one.
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21 September 2018 | 16 replies
The exact nature of your legal situation will depend on many facts not known to me at this time.
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14 September 2018 | 0 replies
To assist in finding homes for flip or rental properties.My question is, would it be legal for me to provide specialized emails (Home photos, ARVs, rehab cost estimates, profit estimates, etc) to my investors highlighting potential flip properties and then requiring that a marketing fee or finders fee is to be added to the initial purchase price of the home If they decide to flip a provided listing?
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16 September 2018 | 4 replies
The numbers:Purchase Price: $28,500Equity: $49,000 (No Appaisal) Comparables are 45k and 53kFinanced: $0Improvement Costs: Projected $2,500 on tenant turnoverProperty Taxes: $700Insurance: $900 yrProperty Management: $58.33 monthlyVacancy Rate (7%): $42 monthlyRepairs: $360 yrHOA: $420 yrCAPEX: $144 yrMisc/Legal: $349 yrCash Flow: $204 monthly Rent: $600Cash-On-Cash ROI: 9%Shoot me a pm or leave a comment if you have any questions or remarks!
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14 September 2018 | 3 replies
@Alex Fabiano, in most states you must be at least 18 years old to enter into a legally binding contract without parental consent.
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25 September 2018 | 11 replies
If no will then they'd have Letters of Administration.Either of these documents would give the children legal capacity to sell the property.If probate has yet to start, then maybe you could buy out the children's legal interest in the property and start the probate process yourself.