Karin Crompton
Double-Closing Technicalities (i.e. my atty says my way is illegal!)
Hey all,I'm having a bit of trouble sorting out how to complete a double closing here in CT. To attempt to summarize, my attorney tells me we can't fund the A-B with the B-C money. We are using a hard-money lender (HM...
Daniel Murray
Double wide mobile home sitting on 5 wooded acres house flip
Investment Info:
Mobile home fix & flip investment.
Purchase price: $60,000
Cash invested: $1,500
Sale price: $155,000
Purchased with 0% down owner financed at 10 years with 4% interest from ...
Joe Schaak
A deceptively spacious home on a double lot in Columbia Heights.
๐พ๐ค๐ก๐ช๐ข๐๐๐ ๐๐๐๐๐๐ฉ๐จ 5 ๐ฝ๐๐๐ง๐ค๐ค๐ข This was a deceptively spacious home on a double lot in Columbia Heights. Unfortunately, it was located directly across from a mobile home park. We knew we had to make this one beautiful ins...
Jacob Jacob
Attorney wants to sign "Waiver of Conflict" - Double Closing . Any advice ?
I have an attorney wanting us to sign a " waiver of conflict " for a double-close deal (B-C contract). I never had this type of document requested to sign before. I love to hear your opinion on this. Is this normal? H...
Luis Bedoya
Navigating Homeowners Associations (HOAs) as an Airbnb Investor: A Double-Edge
Hey fellow investors,
I wanted to bring up a topic that often causes headaches for us in the Airbnb investing scene: Homeowners Associations (HOAs).
There's no doubt that investing in properties within HOAs can be a...
Frank Fiore Jr
Double entry Accounting and Asset, Liability, Expense, and Equity for Home!
If you can provide insight into any of this I would be grateful, I have read GnuCash help / tutorial, and did some searching online, I have not found the necessary information to understand this. Maybe I ...
Demetrius Morros
Getting money out of a C corp and avoiding double taxation
I am an investor who is in a higher tax bracket. I am working with a tax attorney who is advising me to form a C corp. I can do my flips and wholesales through the C corp and lower my effective tax rate. I know ...
Richard Prescott
Run Down of Double Closing Process - Who Pays Who and When
Hello,I'm currently close to puttingย a contract under offer with a bank with a $40k profit for someย cash buyers/rehabbers. Unheard of now in the Decatur/Atlantaย market.ย I'll be wholesaling this via a double close usin...
Karen F.
Replacement value double actual value - how to insure at lowest cost?
We own seven multifamilies, with about 18 units, in a town where the cost of rebuilding is double what the properties are currently worth (even though they're all mostly renovated, in good shape, and bringing in an ex...
Maxwell Fontaine
JUST GET ON BASE, Singles and doubles are still good plays!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lynchburg.
Purchase price: $74,500
Cash invested: $5,600
House hacking is my first deal. Used the FHA 203K full loan to re...