Tabitha J.
How to get downpayment?
4 September 2017 | 13 replies
make the payments, keep the insurance enforced, take care of the property, only do wraps or subject to's short term while you sell or refin and use a 3rd-party escrow company for payments.
Joe Stimm
Buying my first rental property
3 September 2017 | 0 replies
Save for 7-8 months and get my 20% down of 10k on it and go to a bank which isn't my favorite option or maybe since I was reading on here that life insurance company's have a very low interest rate and like to invest in multi family buildings that would be another good option.
Moty Wall
1031 exchange within 3 months
4 September 2017 | 4 replies
It's not uncommon to have the sale followed by the purchase in just a few days or even simultaneously.Another option that would have been available to you would have been a reverse exchange where your qualified intermediary takes title to the new property and holds it in a special purpose entity until you have closed your sale and then you take title.
Cenddie Alaban
Our family friend has $150,000 in cash but cannot buy a house.
6 September 2017 | 57 replies
Open a personal loan, car title loan and keep it going for as short as 3 months.
Ryan K.
Offer 1/3 of asking price ?
4 September 2017 | 12 replies
If you talk to her and say, "You know, I think it's probably worth $175K after it's all fixed up, I think it will take me $60K with with all the known and unknown work, plus 6 months of my own time (@$4k/mo), interest on the loan, insurance, permits, etc etc, so subtracting that from the final value, I can offer about $50-60K."
M Marie M.
469 square feet of rental house Baltimore, MD
9 October 2017 | 16 replies
Stuff just got real.First thing I did was insured it.Then I hunted and found someone to do the title work.
Justin Seng
School taxes when analyzing properties
10 November 2017 | 10 replies
If it IS a separate bill in your area then yes, definitely include it as an expense, and the 'other expense' category would be a good place.You want to include ANY expense you might incur - I was watching a webinar last week from the archives and it was interesting how a couple things that I dont deal with; flood insurance, garage & water/sewer (tenants pay in my area) completely changed one of Brandon's deals he was looking at from pretty good to just break even.
Justice Adderley
Newbie Questions from florida
5 September 2017 | 3 replies
You have to take full advantage of the seven years you have until you'll have to start paying four-figure sums monthly for your own health insurance.
Tim Marquess
Tenant Airbnbing my property
22 September 2017 | 23 replies
Airbnb supposedly has a 1M dollar insurance plan that they have in place to protect guests and hosts for accidents.
Ethan Cooke
Any San Fran Investors Doing Full-Time Furnished/Vaca Rentals?
9 September 2017 | 9 replies
Then they'll leave during the summer when you can get plenty of demand anyway.Also, like you said, check with realtors, and check online for insurance relocation companies.