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13 January 2020 | 4 replies
You can also have multiple Named Insureds (LLC's, Partnerships, etc) on the policy as long as there is common ownership between the Named Insureds.There are several popular insurance programs in the market place that Flippers use.
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14 January 2020 | 3 replies
@Jimmy CarreraThe C corp valuation and plan amendment would likely only be necessary if you wanted to use the plan funds to invest in the parent corporation - i.e. a ROBS.So long as the plan of the corporation is designed such that you can gain immediate entry as a qualifying employee, then you should just be able to sign up and execute a rollover.
21 January 2020 | 16 replies
I'm not saying to buy something that doesn't pencil out, but as long as it cash flows some, just buy something and get started.
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15 January 2020 | 13 replies
That often means the current cash flow is poor due to various reasons:Loss to LeaseVacancyPoor managementOver-spending on renovationNot charging fees to residentsetc...As long as the upside is there and the story is good - we are interested.
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20 January 2020 | 6 replies
Or do you not really care about the property tax rate as long as the rent covers your costs/cash flows?
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14 January 2020 | 3 replies
So 1100/12k =.91 or 9.1% CoCROI and the 24k would be 4.5%.The mortgage broker told me I can get into the home as a "2nd home" (for a lower rate) as long as I have 1 in each town.
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13 January 2020 | 6 replies
The lender will look at your current income so as long as you can Porge your income, you should be fine.
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14 January 2020 | 15 replies
As long as everything checks out you could offer full list subject to inspection of property and financials and look for something out of order.
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30 August 2020 | 5 replies
Surface, non-expanding cracks in poured concrete is no big deal, same with stair-steps on blocks so long as they're not supporting a brick facade or shifting out of place.
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14 January 2020 | 5 replies
With the right to renegotiate to longer period as long as both parties agree of course.