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19 January 2025 | 56 replies
Also did business with the Doughers of Orange county now you want to talk about the big boys Holy man. !!
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1 February 2025 | 9 replies
Working it backwards, I will need to talk with someone about an offer Im looking to make.
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15 January 2025 | 5 replies
That is actually still challenging enough, as many clients have told us - in hindsight they were glad we talked them out of a full-blown rehab.
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21 January 2025 | 5 replies
If you are organized enough to forsee hang ups and talk with your GC about potential challenges on a regular basis, two brains are better than one.
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15 January 2025 | 1 reply
If convicted of bank fraud you may be facing large fines of up to $1,000,000 and/or imprisonment of up to thirty years.Posted without comment.Okay, so one comment:Just because someone in your community says it's okay to do, better clear it with the feds first, or you may be talking with them later..This reminds me of a Subto in California that went bad and wasn't handled correctly.
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15 January 2025 | 5 replies
To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.
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21 January 2025 | 13 replies
Start by talking to your bank.
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24 January 2025 | 9 replies
Additionally, by virtue of owning all of the units I could, with the help of an attorney, construct the bylaws in such a way to maximize value and eliminate bylaws that would be value-restrictive.I've talked to a couple of non-QM lenders who could provide financing to buyers under such a scenario, but the tricky part is appraisal value, especially in a state where, according to Redfin, no co-op's have sold in the last 5 years.If I got a couple units sold using seller-financing at $220/sqft, since there aren't any other co-op comps, would this provide a basis upon which an appraiser would provide a valuation closer to $220/sqft than $135/sqft?
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19 January 2025 | 61 replies
It's the cap rates that don't always deal with direct dollars and instead talk in percentages (unless you pay cash for the property).Okay let's see.... ($2000/month = 12% return) vs. ($500/month = 1000% return).
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17 January 2025 | 37 replies
I finally gave in and decided to talk to them.