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30 August 2021 | 2 replies
Don't blindly trust that your agent and mortgage broker understand how they work. 3.
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24 August 2021 | 13 replies
See B2-2-01, General Borrower Eligibility Requirements for additional details.)If the property was owned prior to closing by an inter vivos revocable trust, the time held by the trust may be counted towards meeting the borrower’s six month ownership requirement if the borrower is the primary beneficiary of the trust....Requirements for a delayed financing exception...The original purchase transaction was an arms-length transaction.
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21 August 2021 | 2 replies
Going out of area is definitely a thought, but then I hear these stories of how things went all wrong because someone who wasn't experienced in managing a team or had an established team they knew they could trust, especially when they're not able to stop in regularly and check on things.
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3 September 2021 | 2 replies
Work with your plan provider to get a better grasp of the language.An LLC is an LLC, whether owned by a person, persons, other business entity, trust, or IRA.That said, Solera National Bank in Denver, CO specializes in self-directed IRA banking and will slam dunk your account setup.
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26 August 2021 | 10 replies
@Dave RavThe security for a note than includes real property is the real property itself, the lien is perfected by a mortgage or deed of trust that’s filed with the county in which the property is located.
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23 August 2021 | 23 replies
In a nut shell you need at lesst 1 person you can trust and a hood repair and maintenance process
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25 August 2021 | 13 replies
If the deal is good then trust your numbers.
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22 August 2021 | 3 replies
Any type of trust, including a DST will pass the depreciation to the investors (trustees), whether or not they utilize cost seg, is something you will have to inquire about on an individual basis.
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23 August 2021 | 18 replies
Not trusting your agent 100% is a bit of a red flag, if you don't feel like they have your back at all times, you should find a new one.
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25 August 2021 | 17 replies
Some people will disagree and say turnkey operators can't be trusted, and its not the best used of capital, etc., but I think its a fantastic way to get started in real estate because you don't have to do nearly as much work as if you were doing your own BRRRR or flip, but you're still getting the benefit of the cash flow and owning 100% of a property.