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25 March 2020 | 2 replies
(A lot of this plan has changed since I discovered the @BiggerPockets .com group recently) I was originally thinking to use my VA Loan to get into properties with little down and do 2 year flips and then "sell" or "transfer" the property deed to my partners name to free up my available VA loan to purchase a 2nd property in Hawaii (I lived in Hawaii for 3 years and have solid connections and visit often) which would be Multi-Family Unit and allow me to rent out the other units full time and possibly do short term rentals in our unit when we are not on the island.After joining the BP group I have since learned there are many other resources and quicker outcomes than in my original rough draft plan.
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25 March 2020 | 11 replies
Given the current scenario (he works in banking), he is bracing for the possibility of a reduced income up to 50% reduction(lack of bonuses or possible job transfer pay cut etc.
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25 March 2020 | 6 replies
Although if you are you probably got the same e mail I got.
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26 March 2020 | 9 replies
It is also transferable.
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31 March 2020 | 11 replies
(*Thoughts: Private money seems to be dependent on knowing someone (which I don't), Hard money seems more feasible, VA loan would require the home to be livable (which in turn may reduce much of the potential value add), conventional loan would require less stipulation than the VA loan, and personal credit cards (Not a bad option with 0% balance transfers and commitment to pay down.
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27 March 2020 | 33 replies
@Blaine AlgerYeah, you can see when they initiate the transfer, both scheduled ones and manual.
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20 August 2020 | 14 replies
If the Broker is offering a third party lead gen/crm tool then that's a different story, that way you can still transfer your leads into your own crm if you happen to leave that broker.
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25 March 2020 | 0 replies
Investment Info:Industrial Investment Purchase price: $600,000 Cash invested: $850,000Industrial property that was purchased in the "CT Transfer Act".
26 March 2020 | 7 replies
I know my cautions might seem to raise the alarm and I don't know all the details, but these are issues I've seen with properties before and every nightmare scenario you read about on here usually could've been avoided with some due diligence.You could try to get the seller to agree to a warranty that survives the transfer of ownership, but they probably won't be too keen on doing that.Another question: Is this property listed or off-market?