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11 September 2017 | 4 replies
My goals are to buy properties in Maryland so that I can 1. buy hold and rent the properties and 2. rehab the properties and sell them for a profit; not necessarily in that order.
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3 September 2017 | 3 replies
I just don't understand why the hold up or disappearance.
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8 September 2017 | 16 replies
For >4 units you probably should hold it in a limited liability entity.
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6 September 2017 | 13 replies
You will have expenses, vacancy, have to do a cap-ex hold-back, etc.
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6 September 2017 | 20 replies
Also if we are talking about nice houses that should be getting market price, then I would think this holds even more true, verse fixer uppers in need of work.With that said, you can always get rid of a realtor you don't feel is working for you, and hire a new one.
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4 September 2017 | 14 replies
Here are the one's you need to use to tell yourself which way to go:If you are holding the property, or flipping it, the basic formula is the same...what changes are the specific applications and items those numbers are applied to and come from.
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12 September 2017 | 32 replies
Here's the low down:250 Units, Evansville, IN | Class C+/B- AssetAcquisition and Assumption of Existing Debt (35yr Amort at 2.93%) + Mezzanine Note + Equity of about ~23% Equity Raise: ~3.1 Million (our own cash + limited investors as well).Plan: achieve cash on cash returns in the mid teens (going in 8.55%), IRR of 15%+ and 2.25x over a 7 year hold.
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4 September 2017 | 3 replies
Here's the low down:250 Units, Evansville, IN | Class C+/B- AssetAcquisition and Assumption of Existing Debt (35yr Amort at 2.93%) + Mezzanine Note + Equity of about ~23% Equity Raise: ~3.1 Million (our own cash + limited investors as well).Plan: achieve cash on cash returns in the mid teens (going in 8.55%), IRR of 15%+ and 2.25x over a 7 year hold.
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10 September 2017 | 7 replies
I just finish Flip, I've read Hold, and even The Millionaire Real Estate Agent.
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4 September 2017 | 4 replies
It's not uncommon to have the sale followed by the purchase in just a few days or even simultaneously.Another option that would have been available to you would have been a reverse exchange where your qualified intermediary takes title to the new property and holds it in a special purpose entity until you have closed your sale and then you take title.