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19 April 2019 | 17 replies
Nothing wrong with multiple layers if done RIGHT...here in Florida 2 layers is permitted and insurance cannot deny coverage and you do NOT need to disclose on sale because code allows it.
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18 April 2019 | 1 reply
@Heather Carbone1.80-2$ per s.f. to install the wood, and another 1.60-2$ to finish with sealer and two coats of finish.....there are variables involved that could increase costs (messed up subfloor, weaving into old existing somewhere, etc.)
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18 April 2019 | 1 reply
We got involved with some real estate investors we knew previously who gave us some guidance on where to start.We just went under contract for a duplex so we need all the help we can get!
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21 April 2019 | 13 replies
Please keep in mind, the four basic requirements for a successful exchange are: • Property Qualifications – the properties involved in a 1031 Exchange must be held for business or investment purposes. • Tax Deferral – to defer 100% of the tax liability you will need to 1.reinvest all of your cash and 2.purchase property equal or greater in value. • Timeline – the 1031 exchange must be completed within 180 days. • Identification – potential replacement property must be identified on day 45 of the exchange.
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18 April 2019 | 3 replies
After appraisal, the bank has determined there are no comparable properties and thus no basis for the valuation and have denied the loan.
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19 April 2019 | 5 replies
This is somewhat of a unique situation that really just depends on the parties involved so I don't know that anyone is going to be able to give you a definitive answer.
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8 May 2019 | 21 replies
One of the duplexes is being sold by an investor who currently has 20 buildings, so a real estate agent won't be involved in that sale.
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18 April 2019 | 0 replies
They did an awesome job submitting my applications, explaining the follow up that needed to be done by me and extending my term as the first submissions of credit applications where denied (I had just sold my place and didn't know that you had to have 2 years at your current place or I could have used old address and just forward it).Any questions I had were always answered, I learned so much about how to obtain credit even AFTER you are denied!
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25 April 2019 | 7 replies
There are risks involved but still very good return.If you are willing to spend more money, you will be in a decent neighborhood, in a better tenant pool with less headache.It is all about what you want to do.
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24 April 2019 | 9 replies
What you pay for a house involves two parts,,,cash and leverage.The cash you pay must be recovered (through cash flow) before you start to make a profit.The leveraged part impacts your cash flow through the monthly payments on that leveraged amount.