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Hey all, my business partners and I want to start inviting passive investors into our deals in order to speed up the process and not have to use banks for all of our funding. A couple of questions related to this: 1. ...
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Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.
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I'm new at this. I'm interested in bidding on a property currently listing in a tax sale, however, it only shows the parcel number and street name. There is no street number attached to the tax documents. When I tr...
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Hello,
I have been working on getting some properties under contract, I have now met with a few sellers and heard no a few times. I am using a website to see MLS listings, and have noticed a few duplexes in the area...
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Will need 85K for a residential rehab project. Area comps are 130-140K. Strong credit, adequate reserves and impeccable track record. Please email or pm me for details...
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Does anyone remember the podcast episode where the guest described a unique/alternative way that they took their profit, after the investors got paid? I seem to remember it being a simplified alternative to the prefer...
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Hey y’all. We are scheduled to close on our first duplex in about a month and it’ll be a complete rehab using my heloc funds (tried to get a rehab loan but no joy since I’m not yet with a local bank. Yes, I’m working ...
This is my first substantive post, so please be easy on me. :) I want to first be preemptive and make the proclamation that I am not well-versed on partnership structures and creative financing. This is my firs...
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Hey, so I'm looking at a property. I've estimated some numbers and they're listed in the picture. This is a non renovated 4plex in a goodish area with a 4 car garage. 1 bed 1 bath per unit with low turnover in good, n...
My business partner and I have an initial meet and greet with an accountant to discuss setting up the business. We just established an LLC and want to discuss tax parameters, financials, cash flow, etc.. We are a yea...