Scott Jay
Anyone Have Any thoughts about John Cochran's Wholesaling Mastery?
26 October 2017 | 45 replies
When the computer triggers the amount, HUD wants it will send it to a human to review and decide whether HUD will accept it.
Callum K.
Repayment of 2008 first time home buyer tax credit
21 February 2014 | 24 replies
This means the taxpayer will repay the credit to the extent of gain on the sale, regardless of whether that gain can be excluded under the principal residence provision.Death of the taxpayer will not trigger recapture (regular or accelerated).
Patrick Mcclellan
Length of lease for lease options-need replys please
24 September 2013 | 10 replies
That could definetly trigger the DOS clause.
Jewel Starling
Newbie looking at 4-6 apt purchase in southwest Cleveland suburbs
24 September 2013 | 3 replies
Short answer, yes it is a good idea to invest in the current market.But that doesn't necessarily mean that it is a good idea for you at this moment in your life.The two must coincide.If you pull the trigger too quickly on something you could get jammed up for a couple years having to carry it before it makes any money.Regarding a good area, think about your ideal tenant.
Samson Kay
6 Unit Apartment Building - Is a sprinkler (fire suppression) system Required?
2 November 2013 | 13 replies
many insurance policies have the option of code compliance coverage in the case of an insurance claim.
Vincent Hearn Jr
Hello from the Basement of the Alamo
25 September 2013 | 4 replies
I've been a small busines consultant specializing in HR compliance for the last 9 years.
Charles Ray
New Investor in Oklahoma City
26 November 2013 | 10 replies
I never pulled the trigger on a buy-and-hold because I got hung up on my inability to estimate repair costs and never took the logical next step of figuring out how to do that.
Vincent Hearn Jr
What's the best approach to this motivated seller?
27 September 2013 | 8 replies
I will say though, if you think that house will realistically cash flow $210-265 a month, you need to spend more time on biggerpockets reading before you pull the trigger on a deal like this.
Brett P.
Buy a home to sell via lease purchase
29 September 2013 | 4 replies
There are some concerns with lease options, and some argue that it could trigger the "due on sale" clause - though today it never does (though when interest rates rise, there is no knowing what banks will try to do.)
Chantel Hunt
Including Lenders in "Subject to"s?
27 September 2013 | 8 replies
You cannot hide from them and you would be surprised what can trigger the due on sale clause, being an outright sale like in your case or a transfer to even a single member LLC where the previous owner is the only member or any type of rent to own or land contract or even a standard lease for over 3 years even without an option to purchase or any intent to sell now or in the future.If this is a path you choose to take, go in eyes wide open and make sure the sellers are as well.