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27 February 2024 | 5 replies
For you, as the seller continuing to hold the paper with an investor involved, dips a toe into the realm of making it a security.Additionally, when I purchase wraps, I instruct the title company to pay off the underlying note at closing.
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26 February 2024 | 29 replies
Public adjusters work for the policy holder, not the insurance company, and generally have years of experience working as a claims adjuster for insurance companies, and are also familiar with laws insurance companies don't share with you.
26 February 2024 | 0 replies
Was paying rent for my manufacturing company.
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27 February 2024 | 4 replies
They have no knowledge of the lending process even when asked the exact question, and I cost me $800.Never ever deal with this company!
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26 February 2024 | 6 replies
The properties are currently about breaking even based on their first year as rentals, but the management company used seems to be leaving some on the table in my opinion.
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27 February 2024 | 6 replies
It is a big investment to purchase a property knowing this is an issue and then have to treat it with a company.
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26 February 2024 | 4 replies
I'm a US citizen but currently living in Israel, and I'm in the process of purchasing a property in Columbus Ohio.My plan is to do some rehab and therefore I want to take a hard money loan which will cover 80% of the purchase price and 100% of the renovation.While talking to the title company, they said there was no problem with me signing with a remote notary.But, the problem is with the lender who requires a wet signutre, and has given me the following options:1.
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27 February 2024 | 1 reply
For insurance, you can simply get quotes online for free with no obligation - I'd recommend to simply get quotes online from 2-3 companies.
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27 February 2024 | 14 replies
Alternatively, consider hiring a property management company to handle these responsibilities.Remember that effective planning and communication are crucial for a successful house hacking experience.
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27 February 2024 | 1 reply
Longer term, we could add additional cabins to the property (as stated above) since the current owners are sending overnight business to hotels in the area that are 15+ mins away.Our situation:We have about ~45% equity in my home (appraised at $775K about 6 months ago; we made some improvements but to be conservative, let's say this is still a good estimate), I can cash in my 401K, and have RSUs from my company that I can use for the majority of the cash I need to have "skin in the game" but it's short the 20% I will need for an SBA 540 for the real estate + 5% for the SBA 7a (this 5% for the DP is possible if the sellers can finance some of the business).