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25 June 2024 | 8 replies
Depending on the deal's profitability, some will only require you to bring 10% + closing costs to the closing table.
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28 June 2024 | 10 replies
@Dan H.Most GP’s don’t allow it, especially for accredited investment offerings because the purchase must also be accreditedWe have a reg an offering and have a death and disability clause that gives an out and have had one case where this occurred at of 700+ investors.As someone else mentioned, you would essentially be setting up an exchange which would require finra licensing and the licensing costs alone would make it cost prohibitive
28 June 2024 | 7 replies
In the end, there could be a cost to any way you sell the home, I would just look at all options to see what fits your needs the best.
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28 June 2024 | 0 replies
Partner Driven financed the Linda Street deal using its own capital, covering the $200,000 purchase price and $34,000 in renovation costs.
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27 June 2024 | 6 replies
They won’t give me just a quote for what it would cost for the same work in the first estimate.Am I obligated to replace or repair the AC?
28 June 2024 | 10 replies
Hi @Irving Rivera - I think the old saying that "You get what you pay for" holds true in real estate investing too.I think Chicago neighborhoods like Garfield Park are great IF you have the right team and MOST IMPORTANTLY THE RIGHT TEAM COSTS $$$.
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28 June 2024 | 0 replies
Partner Driven financed the Stanislaus Ave deal using its own capital, covering the $165,000 purchase price and $54,000 in renovation costs.
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27 June 2024 | 2 replies
However, there is a tax deferral strategy that could accelerate your depreciation, keeping more money in your pocket today, known as cost segregation.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
26 June 2024 | 34 replies
I am using a Heloc to fund my real-estate purchases and also to cover the rehab cost. 1.
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29 June 2024 | 20 replies
if your serious just send them progress not perfection is the key. get talking to people and see where you mess up then pivot and fix that screw up. if you are writing letters you are far ahead of many. i would also say to add about terms cash buy/no fees or closing cost/ as is/ and so on\.