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4 March 2020 | 25 replies
Now we’re wondering if it’s worth us getting our real estate license as we continue to do more houses to avoid commission costs and get access to more potential flips/sales or should we just leave it to the professionals also and work with an agent?
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3 March 2020 | 8 replies
You could get a real estate license and have access to the same things they do.
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3 March 2020 | 5 replies
Another way to prepare is take out a traditional mortgage on the property so that you 1. know what the monthly payment will be with certainty and 2. 100% will have access to the cash.
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5 March 2020 | 2 replies
I would use your access to the MLS and deep search past Multi Unit sales back 20 to 30 years and approach them to see if you can work out owner financing to purchase if they are ready to sell.
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3 March 2020 | 4 replies
Having spoken with a local title company they said all the liens judgements and data is done on line and we have access to the same records.
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4 March 2020 | 7 replies
Use the cash flow in the parent LLC to get access to LOC's and keep adding new LLC's to shield the parent.
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3 March 2020 | 6 replies
If you have access to those kinds of private funds (through friends and family?)
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1 May 2020 | 7 replies
CF is certainly more accessible, but it's almost like picking stocks or angel investing in startups... if you can, you might want to spread the $ across a few deals, doing less on each.
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4 March 2020 | 22 replies
Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a property at a profit within five years of purchase.He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment.From Bernie's Website"When Bernie is president, he will:Create an office within the Department of Housing and Urban Development to coordinate and work with states and municipalities to strengthen rent control and tenant protections, implement fair and inclusive zoning ordinances, streamline review processes and direct funding where these changes are made.This office will convene key leaders, academics, experts, local officials, renters, tenants, and homeowners to create and implement these necessary solutions.Preempt laws that prevent inclusionary zoning for luxury developments.End exclusionary and restrictive zoning ordinances and replace them with zoning that encourages racial, economic, and disability integration that makes housing more affordable.Require that recipients of federal funding from the Department of Transportation and the Department of Housing and Urban Development make these important zoning reforms.Provide funding to states that preempt local exclusionary zoning ordinances to make housing more equitable, accessible and affordable for all.Make federal funding contingent on creating livable communities.Encourage zoning and development that promotes integration and access to public transportation to reduce commuting time, congestion and long car commutes.Prioritize projects that reduce greenhouse gas emissions, create walkable and livable communities, and reduce urban sprawl.Encourage zoning and development designed to expand and maximize the number of units fully accessible to people with disabilities.Place a 25 percent House Flipping tax on speculators who sell a non-owner-occupied property, if sold for more than it was purchased within 5 years of purchase.Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment.Encourage “circuit breakers” on property taxes to protect homeowners in gentrifying neighborhoods from being priced out of their own homes as their property values rise.READ MORE: https://berniesanders.com/issues/housing-all/From my point of view, anything that impedes or obstructs REI's cash flow is a bad thing.
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3 March 2020 | 2 replies
Which cash access option is the best or would you recommend?