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5 July 2018 | 5 replies
I’ve also been thinking of renting so that it can pay for itself and an apartment and save up the funds for a new investment.
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5 July 2018 | 1 reply
You can use hard money lenders to fund your deals yes.
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6 July 2018 | 6 replies
Have any checks/funds been returned for NSF?
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13 July 2018 | 6 replies
If it's part of the written contract, the title company can withhold the funds from sale proceeds.Now that you've already closed, your likely option is to sue in court.
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7 July 2018 | 11 replies
These funds will go toward your down payment and any associated closing costs.
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6 July 2018 | 8 replies
I have about 10 people who want to make their funds available to invest in rehabbing single-family homes.
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19 July 2018 | 8 replies
One thing you can do is get connected with the local rei’s, go to investor meetings, find the people who are looking for deals and try looking for them yourself and bringing the deals to them since you don’t have the funds yourself, if the deals are good and they sign off on it, it’ll make for good experience and build good relationships from people who can teach you even more, all the while making a little bit of money.
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6 July 2018 | 15 replies
Definitely use separate accounts, whether you have an LLC or not.Checking: receive rent, pay billsSavings: hold deposit and reserves for capex, maintenance, taxes, insurance, etc.When your checking account has more money than is necessary to pay bills, transfer the excess to the Savings account where you can build funds for a new investment.
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22 July 2018 | 5 replies
Everyone seems to have nailed it already, but one thing I could add is to provide proof of funds upfront.
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5 July 2018 | 1 reply
Is there anyone out there who is currently using funds from their solo 401k to invest in real estate?