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15 February 2024 | 9 replies
Ask them how many clients they have actively looking in the market, what their requirements and pricing needs are, and see if any fit the properties you are looking at.
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15 February 2024 | 3 replies
Many sponsors are going the regulation a+ offering route which requires them to be submitted 120 days after year end.
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14 February 2024 | 5 replies
Converting a detached garage into an Accessory Dwelling Unit (ADU) in Houston, Texas, requires a permit from the city.
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14 February 2024 | 21 replies
They all wanna get 3 done this year.Capital is a requirement, I know it is said that you can do this with other people's money and you can but Capital is still a requirement.
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15 February 2024 | 13 replies
Mortgage company may require the appraisal but what may happen is that you would have to fund 20% of appraised value plus the difference between the appraised value and sale price.
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14 February 2024 | 5 replies
The plan itself is a trust and there is no requirement for a 3rd party custodian as there is with an IRA.
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14 February 2024 | 3 replies
Another possible option would be to do a cash out refinance to get some of my rehab money out of the property and only leave my 10-20% downpayment (whatever the HML lender requires to purchase the property)I would love to know if this is possible or if there are any issue with the plan, especially in the refinancing into a primary portion.
14 February 2024 | 4 replies
The law typically requires the PM to rekey the rental before a new occupant moves in.
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14 February 2024 | 7 replies
I generally agree with @Russell Brazil and @Chris Seveney about written agreements, but there certainly are a growing number of cases (thanks to text messaging, etc.) where the signed writing requirement has been satisfied by conduct other than a signature on the _______________ line at the end of the agreement.Whether there was a binding contract formed in this instance would require an in depth review of the "contract" and all of the relevant communications surrounding it.
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14 February 2024 | 5 replies
It is different with every lender, but most would require 6 months before you could refinance on the new, After Repair Value.