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7 December 2024 | 7 replies
Wisconsin Legal Blank Before the next rental period meaning i would request one sent by current seller via amendment
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16 December 2024 | 23 replies
If they're in the same state, that will make your legal team more streamlined, but otherwise, you have to form all new vendor teams when assets are scattered across multiple MSAs & states.
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6 December 2024 | 3 replies
Quote from @Sam Epperson: let's say I come to an agreement with the seller for them to finance some of the deal. let's also pretend the seller owns it with no debt, and we agree to 5% down, 5% rate, and 10 year balloon. how are we drafting this legal document?
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10 December 2024 | 9 replies
MA is a very tenant-friendly state so I try not avoid the legal route, even if it costs a bit.
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6 December 2024 | 4 replies
Is most areas, this will determine who (Marshalls Office or Sheriffs Office) will handle the situation when it comes to the eviction.Some squatters know their rights and how to finesse the legal system so be ready for that.
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10 December 2024 | 26 replies
So that $100k+ ED is coming from your pocket, before it can be reimbursed by investors.Legal Fees: you can't raise money without legal contracts setup.
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7 December 2024 | 2 replies
For a month-to-month lease that isn't under any lease agreement, what could the seller legally do to get the home sold off-market?
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8 December 2024 | 7 replies
You can also explore FHA with 3.5% down as well with 1.75% Upfront fee + anything with more than 3-4 units, there will be a SS rule (Self-sufficient test) to pass per FHA guideline.If it is a legal multifamily unit, you can also use those vacant units as your rental income up to 75% of gross market rent.
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5 December 2024 | 6 replies
I can legally deny them or other business.
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5 December 2024 | 1 reply
Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations