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Results (10,000+)
Grace Hartman Help with closing terms for rental purchase
12 November 2024 | 6 replies
If so, then it could get messy.  5% down is conventional so I don't think it would show on an appraisal, in that case you could work on doing an escrow holdback i.e. the seller holds a certain $ in escrow with the title company based on the quotes you receive. 
Chris Kittle Questions to ask on an 8-plex
17 November 2024 | 33 replies
That is basically an extra tax return, legal fees for setup, bookkeeping costs (if you aren't doing it yourself), possibly an umbrella policy.
Noah Schulz Seller asking for November rent from tenant after closing
15 November 2024 | 5 replies
If the rents were collected after closing and they were not addressed in the sale, then you shouldn't have a legal obligation to give them anything.
Rob Swanson MD month to month lease agreement?
16 November 2024 | 6 replies
BP has some and also you can use Legal Templates to create one.
Marjorie Deprez Cash Purchase with Refinance
19 November 2024 | 8 replies
If you use a DSCR rental loan it could be as low as 3-6 months of time seasoning required so it depends on what product you're using to accomplish the mission/goal.The time frame isnt a legal requirement, its a financing product specific requirement as a guideline to obtaining the money in which you seek.If you had other scenario related questions feel free to mention them below or via DM.
Scarlett Tao Co-signer income requirements
18 November 2024 | 14 replies
For both the applicant(s) and a co-signer, you want to understand their habits...financial, employment, legal, character, etc., as Bad habits in one area typically carry over to other areas, and will land you a poor Tenant (or co-signer) choice.
Roli E. Paying Assignment Fee Outside of Closing
17 November 2024 | 5 replies
Assuming that the act of wholesaling is legal in your area, have all the costs associated with closing go through the title company. 
Julio Gonzalez 11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
Time the Sale Strategically: Selling the property in a year when your income is lower can place you in a lower capital gains tax bracket, reducing the tax rate on your gains.8.Deduct Selling Expenses: Costs associated with selling the property, such as real estate commissions, legal fees, and advertising expenses, can be deducted from your sales price, thereby reducing your taxable gain.9. 
Alan Cassidy Setting up Google Drive
15 November 2024 | 3 replies
I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Currently I haveHome folder>multi family/single family/legal documentsInside the multi family I have Name of property-> general property maintenance/first floor/second floor Inside of first floor (the one currently rented)I have, pictures (before and will have after) / lease documents / a spreadsheet with each month, what day rent was paid, if it was late, if late was fee paid?