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Results (10,000+)
George Griffeth Problems with General Contractors?
13 April 2020 | 39 replies
You can work smaller scale , faster and consistent ( from job to next job) if you establish yourself with realtors , investors, and managers.
John Stewart Purchase an existing rental business, plus acreage to build on
20 April 2020 | 16 replies
In 5 years you should have been able to establish an income producing business that any financial institution or investor can use to determine long term financing.If venue business does not work out you just walk away.
Jm McNabb Is seller financing a safe option
12 April 2020 | 8 replies
The value to the buyer can add up to a very sizeable amount of money; typically pays the up-front lender fee to lower the interest rate, which results in accumulating paid interest savings for the buyer as long as the buyer owns the property, or for the life of the loan; may add up to many tens of thousands of dollars; make sure you check the fine print of the lender's loan lock provisions; be sure your seller's money is truly paying down the loan rate as opposed to paying other lender charges to the buyer.  3.Seller-Funded Temporary BuydownsBuydowns can also be structured to adjust the buyer-paid interest rate for a limited number of years; can cover the first two, three or four years or more of the buyer's loan; allows your seller to reduce the buyer's ongoing loan cost (monthly payment) considerably.4.Owner FinancingA willing seller may be able to keep their selling price intact by offering financing to a buyer; for a seller who needs to sell as soon as possible for the best possible price; expands the potential market for buyers to those who might not qualify with a lender for any number of reasons relating to their credit, verifiable income, or other issues; seller creates an 'investment" that can produce an annuity with a very good rate of return for many years; seller needs to become very well educated on how to qualify a potential buyer (how to get credit, income, debt ratio, and other accurate personal historical data on the buyer-and how to verify that data); seller needs legal advice to review contract documents, as well as title and escrow services to conduct a title search and closing; buyers attracted to seller financing may have income sources including part- time work, bonus income, royalty income, dividend and interest income from investments, or they may be newly self employed; seller who finances needs to get a substantial down payment and ensure that the property is adequately insured by the buyer and that initial property taxes are pre-paid and a tax payment plan is established; if the buyer stops paying, the seller will have to proceed like a bank or other lender and foreclose on the buyer. 5.Contract for DeedA contract for deed agreement to purchase is similar to a seller-financed purchase.
Jack Fernandes Investing With a Broker's License?
13 April 2020 | 43 replies
Getting your license is the easy part, however, as Charlie also pointed out above, each State has different licensing laws that generally require an Agent to affiliate with an established Brokerage and to have a number of years (generally 2) experience prior to going on their own. 
Paul Sandhu Anyone get a side gig because of this crisis?
16 April 2020 | 21 replies
She now has a handle on the daily receipts & it's amazing how much cash these little establishments can pull in.Another tenant is a full-time student but picked up a full-time 'gig' at Trader Joes for $22/hr plus a lot of o/time.
Dimitris Kontonikolas Gas gone and replaced with smallest boiler/fixed rent
11 April 2020 | 4 replies
Call whoever regulates your local landlords.
Bill Krenz Flipping Houses in a Self Dircted IRA
12 April 2020 | 6 replies
Hi Bill,If you are not self-employed and cannot establish a solo 401(k) plan, one option is to have the IRA own a C Corp and have the C Corp borrow the funds and make the real estate transaction. 
Jack Fernandes King or Queen of Lowballing?
13 April 2020 | 43 replies
In most places it's actually both against state regulations and local broker's code of ethics to do so.
David B. Section 121 exclusion: date of sale for Lease Purchase agreement?
13 April 2020 | 5 replies
Although I sold the home at a significant loss, I'll actually end up with a gain due to depreciation recapture.The Oct 2017 Lease Purchase addendum established the sales price and stipulated a portion of the buyers monthly lease payments to be applied toward the purchase.
Stephen Rembert Can you wholesale a Short sale listed property?
15 April 2020 | 6 replies
The banks have so many regulations to prevent exactly this - you are wasting your time.