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3 March 2020 | 16 replies
Do you tend to see families or individuals looking for housing?
3 March 2020 | 5 replies
You want to know values, properties for sale, under contract, sold, days on market, list price to sales price etc. all the way down to the block, street and individual house.
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2 March 2020 | 2 replies
Also, people could address and discuss each individually instead of filling up the feed with questions that hit different lessons.
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1 March 2020 | 4 replies
If we don't incorporate, whose name should the property be in ( if we buy it individually and take advantage of the first time home buyer incentive in ontario we can put 5 percent down instead of 20 and keep cash reserves encase something happens to the property.) ?
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1 March 2020 | 2 replies
I am hoping to connect with other investors and hopefully build relationships with individuals in my area and hopefully across this country.
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10 March 2020 | 15 replies
@Randolph BrownThe LTV and reserves are based on the individual lender.
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2 March 2020 | 3 replies
It would also allow you to potentially buyout other partners (you never know what life events may occur) with potentially not disturbing the debt, this could be more tricky if you’re all holding title individually.
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3 March 2020 | 2 replies
Cash with partners (/parents :-)Initially applied for delayed financing, but fell through since the funds used to purchase were from a partnership, and I applied for the loan in my individual name (with plans to ultimately deed the property to our partnership's LLC).
2 March 2020 | 1 reply
You may want to even push that to 20% since this is a low-value property, there may be additional costs due to the 18 acres, and with separate buildings, you won't see as many efficiencies of scale.Management will likely be 10-12%.If the water/sewer is town, do the tenants pay that individually?
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2 March 2020 | 8 replies
You can go to local REI meetups or look on the BP boards for recommendations from individuals with a good deal more experience than I have.