Dashon Jones
Advice on multifamily purchase
18 December 2013 | 6 replies
Prior to 1 year they will only use the most recent purchase price, meaning you would still have to keep 20% in until 1 year.I have heard that some smaller banks will reduce this to 6 months, but I have not found one yet...
Paul Byers
Setting up a lease agreement
15 January 2014 | 3 replies
I would think that the person who bought it would see the value in staying put.I am reducing the value of the business because I want to sell it quickly, but I want to keep the building occupied and making money on the rents.How would I structure a deal that keeps them in the building?
Kyle B.
Researching Bank Owned Properties
1 January 2014 | 8 replies
This is an estate planning measure to reduce taxes and facilitate an easy property transfer in the event of a death.Also, on REO properties, 99.9% of banks will not accept offers on these properties until they are listed with a real estate agent.
Mark Houghton
In search of my first multi family in New Jersey
12 March 2014 | 10 replies
Also, time is a great motivator, the seller has already reduced the price multiple times and a lower offer of $125k may just fly.
Douglas Larson
Wholesaling for $256 an hour.
22 January 2016 | 24 replies
Now, I just have to find some tax strategies that help reduce active income tax liabilities.
Ashlee Reimer
Newbie investing in Chicago! Looking for contacts, especially contractors
23 December 2013 | 14 replies
Between the landlord laws, the very poor tenant pool, and the amount of crime that exists there, you're going to put yourself in for more headaches than you can shake a stick at.Keep in mind, I'm a pretty aggressive investor too.
Jason Merchey
The Definition of "Contingency Fund"
20 December 2013 | 8 replies
I should also note that the GC reduced his profit margin to less than 10% on this particular bill, which offset the use of the contingency fund.
Charlie Hampton
Update on my squatter...
14 November 2015 | 144 replies
Anyone looking for free shelter or committing a crime will be removed.
Jonathan Jimenez
Your good, bad, and ugly. (No not you're!)
24 December 2013 | 7 replies
But there are definitely ways we can reduce them.
Jim Herbst
Columbus Neighborhood for a Duplex
20 December 2013 | 1 reply
The crime heat map is green with some yellow around the outskirts.