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31 March 2024 | 6 replies
Trying to find a reputable website to find properties that have tax liens on them?
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2 April 2024 | 9 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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1 April 2024 | 14 replies
Thanks everyone for the feedback - my understanding is renegotiating the price again after due diligence is considered re-trading and is frowned upon - at least in Multifamily which is why I was trying to avoid it, but for this deal I’m being forced to operate that way.
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1 April 2024 | 60 replies
Depreciation recapture can be avoided, depreciate property, trade up through 1031, live off income, die. 3.
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1 April 2024 | 6 replies
This is a Conventional Loan, and it's where the lender will finance the land and construction all in one, however you are avoiding HML/PML's.
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1 April 2024 | 8 replies
This is to avoid things disappearing during construction, getting damaged and arriving just in time to be installed by contractors if need be.
1 April 2024 | 4 replies
Being new, I'm sure there's much I could learn more to avoid unfavorable lending.
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1 April 2024 | 4 replies
Would definitely avoid salt lake city as a short-term rental market.
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2 April 2024 | 1 reply
Hey @Christian Hanus, LLC are passthrough entities for tax purposes (unless you elect to do c corp which is not applicable here) So you hiring yourself to do your own renovations really doesn't do anything material.
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4 April 2024 | 42 replies
BTW leases are in some cases actually considered real estate and the lease itself is taxes as real estate.