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19 July 2020 | 8 replies
Thanks JayIt's pretty tough pickings in the regular real estate market here.
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4 September 2018 | 8 replies
There’s other contingencies you can use too, financing, feasibility, environmental, neighborhood review...Have your DD start the 1st business day after they provide you with all the documents, P&L sure, but also you’d want title docs, details on mechanicals like age, repair history and warranty status, insurance claim history for the last 5 years, every scrap of detail on any pending claims, zoning use confirmation from relevant govt entity, copies of all docs they have received from any govt authority related to the property for the past 5 years... there you’d be looking for code violations, notices from EPA or fire marshal, etc.
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5 September 2018 | 19 replies
Invest using dollar cost averaging, which means put a steady amount in on a regular basis.
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6 October 2018 | 8 replies
If you are interested in this query please contact me at your earliest convenience.Sincerely,Joshua Briscoe I do not claim to be an expert on the subject but I have a offered on several parks and just purchased my first park.
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4 September 2018 | 6 replies
In this process, we removed family member from the deed (quit claim) so that I now have ownership and mortgage fully in my name.I want to pay this family member as soon as possible but concerned how this transfer of funds will be taxed.
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6 September 2018 | 8 replies
Since it sounds like you're keeping the more expensive house, some people might assume you're just claiming that you're going to live in the much less expensive house to get the better rate, but then turn around and rent it out.
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5 September 2018 | 8 replies
It would be a quit claim deed for the half of the title apparently.
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6 September 2018 | 12 replies
One thing I would be sure of before bidding is making sure my realtor doesn't claim a commission will be due.
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18 December 2018 | 10 replies
If they don't have the cabinets you're looking for in stock they can do a semi custom cabinet that you can order for just a little more money then their regular price stuff.
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14 September 2018 | 2 replies
My husband and I are wanting to get a multi-family and are thinking a great way to get my brother involved is the following: My brother would get an FHA loan for a triplex or 4-plex in FloridaI would put the 3.5% down payment as a co-borrowerMy brother and his fiancé would live in one of the units for a few years rent free so they can save money for a houseMy brother would manage the property by showing units, cleaning them when someone moves out, and as much maintenance as he can handle on his ownI would handle the finances paying the mortgage using the cash flow and keep the profits since my brother is living rent freeMy brother would move out eventually (2 or 3 years later) and we would refinance into a regular mortgage so that he can get another FHA loanWe would begin splitting all profits 50/50 once he moves outMy question is, has anyone reading this done this before?