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30 August 2018 | 2 replies
Kathryn - obtaining a loan through a lender will normally require 2 years of history of consistent positive income …...so if the plan is to use this method of financing - keeping the job is beneficial …..if you plan to use the more creative methods of financing deals - then this issue isn't quite as important the other lender issue to be aware of is that many lenders have a limit on the #s of properties with financing an applicant has in their name …...some cap at 7 ...some cap at 10 ...some may not any cap
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12 September 2018 | 11 replies
@Nicole Richards Many of the answers you are looking for can be found here: How to Effectively Conduct Joint Venture Agreements as a Real Estate Investor596231-how-do-i-properly-construct-a-purchase-with-a-partnership591376-create-an-llc-for-first-partnership-best-way-to-do-so526244-taking-on-partner-s-and-limiting-our-liabilitesGood luck!
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3 September 2018 | 2 replies
@Marianne Lopez-HenthornIf you are starting any partnership, corporation or venture with multiple individuals, you should have an experienced attorney assist you with drawing up any shareowner/partner agreement and/or articles of incorporation.
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1 September 2018 | 21 replies
Everyone has a past, and everyone has their limits of what they will/won't accept.
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5 September 2018 | 10 replies
Depending on the pocket of the city the house is in, appreciation might be limited, but the cashflow is substantial.
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2 September 2018 | 8 replies
The federal lifetime gift limit is 5.5mm so we would just add/remove members on the LLC instead.
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4 September 2018 | 14 replies
The benefit of QM's is liability protection (from the borrower) and limited requirement to buy back loans.Non-QM's are anything else including seller financing and hedge fund loans.
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31 August 2018 | 3 replies
It provides horizontal plates (fire-stop or draft-stop) at each floor level, which limits drafts within concealed wall spaces.
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13 September 2018 | 2 replies
Yet, when your in a different State and trying to sell your home, and you must rely on the contract that you have made with a Realtor you have spoken to on the phone and a home inspector, your choices seem limited.
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5 September 2018 | 1 reply
I found a 2BR/1Ba but when i calculate my return investment of 7% and set myself an max. limit, i was overwhelmed by the approach of the Agent.