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29 June 2018 | 23 replies
A sophisticated investor and a syndicator must have pre-existing relationship though in order to allow one to join a syndication based on this rule.
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25 June 2018 | 14 replies
I guess they would get to collect interest until I pay it off or they get the property back plus the interest if I don't but still...Also, the Ada county auction listings seem to indicate payment due by end of business Thursday (so 4 business days after auction ends basically).And I found this document from Bannock county indicating they expect payment on the day of the auction. https://www.bannockcounty.us/wp-content/uploads/ta...I haven't been able to find much info on idaho statute 31-808(3) actually being used, so I guess for now I'll assume it's rule saying counties can do it if they want but none of them seem to be doing it.
24 July 2019 | 7 replies
You Can Catherine but you will come up invariably upon the Self Sufficiency Rule (or SS Rule).
20 June 2018 | 18 replies
So at that point I could probably argue we were still under “market” a bit at the new price, but seeing as I’m already over the 2 percent rule by a lot at the current rent an extra 50 bucks doesn’t do much for me
20 June 2018 | 0 replies
What's more, since it's a sink-or-swim cutthroat competitive environment, your Broker will get ZERO support from their brokerage and will be completely on their own during the transaction.
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25 June 2018 | 8 replies
He wont give one , and tells them they have road frontage , they dont need an easement . ( wetland rules make it about $250,000 to build a road 400 ft ) .
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21 June 2018 | 3 replies
The house is a fully remodeled 5 bed, 2 bath at 72nd and Pecos in Adams County so I’m wondering if anyone here has experience with Airbnb in this area of Denver, what you are grossing monthly on average and if there are any Adams County rules that restrict Airbnb of non-primary residences (like city of Denver does).
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21 June 2018 | 11 replies
In regards to bridging the gap, it's completely legal as long as everything is disclosed properly (note, it's been a while since I've had to do that, so the rules may have changed - verify with the lender).
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20 June 2018 | 8 replies
If there is a mortgage attached to the property there's a 99.99999% chance there's a clause in the mortgage that requires it be paid off when you sell - regardless if it's in your personal name or an LC.Yes, it does complicate things when doing 1031 - but not really... there are rules you have to follow to stay in compliance with 1031.
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3 June 2019 | 6 replies
@Ceasar Rosas one of the banks that I have told me they would only support up to 2 units with a VA home loan.