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20 September 2018 | 6 replies
Basically, anyone seen any claims denied where a sole member LLC and personal name are used interchangeably?
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13 August 2018 | 2 replies
This a really hard request for the best wholesalers, landlords, property managers etc. as it’s basically another job.
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12 November 2018 | 17 replies
I haven't been this excited about an opportunity since basic training!
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10 August 2018 | 1 reply
This basically says you have to have other responsibilities other than selling securities and you can't take a commission.
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11 August 2018 | 3 replies
Another thing to consider is getting a portfolio loan, basically, you would transfer all of your remaining properties to a single note (looks like five units) and then have that loan under an LLC (portfolio lenders tend to accommodate that).
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16 August 2018 | 29 replies
While a bit dated, this will allow you get an understanding of the basics so you can be informed of the right questions to ask when meeting with a tax professional.
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7 January 2019 | 10 replies
My basic goal is simple.
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10 August 2018 | 1 reply
Basic details: If selling, we were going to take about $90k equity and take that to our new home.
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25 August 2018 | 4 replies
Seems to me that any basic lease should cover renewals, notices, etc...
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10 August 2018 | 0 replies
This is a basic layout of what's happening in my head, but I'm wondering if I'm oversimplifying things:At Year 0:Value - $150,000Debt - $100,000Equity - $50,000At Year 1:Value - $156,000 (assuming 4% appreciation)Debt - $98,653 (30 yr. @ 5.50%)Equity - $57,347At Year 2:Value - $162,240 (again assuming 4% appreciation)Debt - $97,230Equity - $65,010My question is, is it possible at the end of year 2 to expect to be able to cash-out refi at ~80% of the equity ($52,008) I have in the property and recoup my original investment?