David Martin
Getting a Road Built by local municipality
1 September 2016 | 3 replies
I would be inclined to go with this logic if it were part of a larger development or subdivision in the works, but this missing road is lined with various individually owned lots, so am I to assume unless all the lot owners get together and co-sponsor the construction of the road, that it will remain as is?
Jason Noah Choi
LLC Buyout for investment property
1 September 2016 | 1 reply
I get that I would be buying out the shares for the individual who holds all the shares within the established LLC, and it seems there will be no closing costs.
Casey Loeber
Can I get an FHA loan without 2 years of employment history?
1 September 2016 | 2 replies
Show up to your local lender's office with transcripts and something showing your job description/responsibilities/duties in-hand.In my area, we call this the "Tech Wizard Special" because the CompSci guys go from being starving college students to $250k/yr working for Google overnight, but often without a long-established credit history and only a few months on the job.
Emily Hunt
San Antonio TX- licensed or not?
2 September 2016 | 6 replies
Will- Thanks for your response!
David Dachtera
Fully Developed Lots, Build New Homes?
7 September 2016 | 12 replies
If that's the case, you're going to need to assess each lot individually and determine if the average profit per lot is high enough for the profitable lots to outweigh the unprofitable lots.
Chris Jackson
8 Properties Closed in 8 Weeks
2 September 2016 | 34 replies
We are good landlords and are very responsive.
Randy Jones
Dad's SDIRA
1 September 2016 | 2 replies
., the IRA participant, his or her parents, children, to name few).The IRA participant is not allowed to use the property for personal use.Invest in Real Estate Using a LLCWhen both the IRA participant (in this example Jim Brown) and his IRA pool their funds and invest in an LLC for the purpose of investing in real estate, title to the property is taken in the name of the LLC.For example, if the name of the LLC is Buckeyes LLC, title on the deed would read Buckeyes LLC.Just like above, the LLC cannot obtain a loan and the IRA participant and other disqualified individuals are prohibited from using the LLC owned property for personal use.ANOTHER OPTION Your father can use retirement funds to invest in real estate operating company that is structured as a C corporation.
John Kalafatis
New to Florida
2 September 2016 | 2 replies
If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.
Manny Vasquez
Looking for a mentor out of NY
2 September 2016 | 8 replies
You typically won't start seeing significant response rates until after your 3rd or 4th round of mailers.
Matt McConkey
Getting Creative on a Phoenix propety
5 September 2016 | 2 replies
@Robert Lorenz Thank you for the response.