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29 February 2024 | 9 replies
Thank you,Danielle Transferring the property to an LLC should not trigger an appraisal requirement.
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29 February 2024 | 5 replies
Some require only registration with the city.
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29 February 2024 | 6 replies
This lowers the overall cost of the project by lowering the tax owed dollar for dollar.What are the requirements to qualify for this credit?
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28 February 2024 | 8 replies
Depends on the lender, not all require sourcing and/or seasoning of funds.
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1 March 2024 | 97 replies
@Sam Ojo I read through the 3 years of posts so I kind of understand.. if this program is touting no money down owner finance commercial real estate.. well that's a tough one to a non starter in todays market.. sellers are not that desperate .. you can do that in areas that are dead and dying but who wants to buy that stuff.and when you can pay 10k up front and then they talk about splitting 500k.. this is simply reminds me of a very successful syndicator I worked for in the 80's he had a billion dollar portfolio then I did acquasitions for them it was a great job as I was a RE broker and got my commish when they took the building down.. no risk on my part.. work as a broker plus he paid me monthly and health insurance LOL.But that all saidhe had a phrase... : DROWN THEM IN FUTURES " this to me is like that take folks that have rally no experience in something that takes a ton of experience to get good at @Joel Owens give them a cheap buy in .. lead the carrot with the 500k which is more money than most of these folks have ever made or dreamed of and yes they jump in... to me just same ole same ole guru stuff.. and the Guru makes most fo the money on the 10k and monthly other wise why charge either of those if they are making 250k per student.. that would be the big money.. why because they don't do a ton of it ( maybe ) I just don't see this in todays market as being real.. or achievable for folks that don't have like Joel says significant liquidity to buy commercial and experience... you want expe3rince in commercial get a license go work for a commercial broker get paid to do your apprentice work and like many of us 10 years into the career you start making some significant coin.if it was as easy as pay 10k and 197 a month.. there would be NO commercial property to buy you guys would own it all.And again if this is all about nothing down owner finance that ship sailed over the horizon many moons ago.my 2 cents.
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29 February 2024 | 6 replies
Also, many companies require a Lead Safe Certification for multi-family dwellings.
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29 February 2024 | 8 replies
There are bunch of creative ways that don't require traditional financing.
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29 February 2024 | 5 replies
Any repairs over $500 require my permission first (unless it is an emergency)
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28 February 2024 | 7 replies
Could be lighter on the zoning and building code requirements.
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28 February 2024 | 12 replies
The question you are asking is - “How much down payment is required to make each property reach positive cash flow?”