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27 December 2018 | 3 replies
Feel free to shoot me a PM and I can give you a good introduction about:Marketing, Identify targeted areas, Talking to sellers, etc.
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1 January 2019 | 8 replies
They are really just looking for super obvious scam artists that have been identified previously.There are 2 viable multifamily financing options available for you.
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25 December 2018 | 3 replies
Worst case scenario (in their mind) is you end up defaulting on the loan and their only recourse is to claim the property; if you get it far enough below market value that will set their minds at easeAs far as how to approach them once they are identified, I would say an introduction from another person who has already borrowed from them would be the best approach.
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26 December 2018 | 3 replies
Question about Master Lease and 1031 exchangeI have a lead on a property and wondering when the timer starts for the sellers 1031 here is the particulars90 units needing of significant repair and re-position, property is currently @ 80% occupancy with most current rates significantly under market (units under market are month to month)Property is in a solid area and with the intended rehab investments will enable the 90% for 90 Days required for eventual agency debtThe owner wants to 1031 his money into other commercial properties which he does not yet have identified...he is thinking a lot less management oversightSo my question -- I've discussed a Master Lease with the seller giving me time to bring the property in the 90 for 90; however, checking to see when his timer starts for 1031 hoping it is when the option is executed?
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29 December 2018 | 11 replies
That being said, you've got 45 days to identify a replacement property :) In total, you have 180 days to identify and acquire a replacement property.
27 December 2018 | 4 replies
If the purchase contract identifies the title co, then stick with that.
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28 December 2018 | 13 replies
This will help you identify your "Core Four" and help you build a team elsewhere.
28 December 2018 | 5 replies
Yes, this is a common course of action among tax deliquent property buyers but I have never been successful for the following reasons:1) You have to research the deed to the property and ensure all owners are identified and sign the quit claim deed. 2) Contact the IRS (or have a real estate lawyer do so) and find out if there are any outstanding federal tax liens on the property.3) Contact the local county and city officials to get a list of all civic liens other than taxes due.
28 December 2018 | 8 replies
Part of being a wholesaler is being able to identify what is a deal and what isnt.
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11 March 2019 | 133 replies
Lots of people identify risks to action, but can't focus on risks of standing still.