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If I were to buy a seller-financed property with the intention of refinancing it in a couple years, what's the best way to set up the payments to the seller so that my repayment history benefits my credit score?
I havve the opportunity to purchase a property. The MV is approx. 180K the owner will accept 140K. The remaining payoff bal. is 110K. The prop. is in preforeclosure. The owner is motivated by gettin a divorce, and is ...
Imagine making $1,500,000 on one regular real estate deal. We’re not talking about a huge apartment complex or commercial real estate investment. $1,500,000 on a single-family home purchase. How is that even possible?...
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Hello All!Posting this to 1031 Exchanges because it seems most related, sorry if I messed that up!Based on what's been released about the Opportunity Zones program, I'm having trouble figuring out the following:1. It ...
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When doing a 1031 exchange, I know I have to target 3 properties. I heard that I do not have to buy one of those 3, I can buy a different property not targeted, is this true?
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New IRS guidance and proposed regulations were issued yesterday for Opportunity Zones!I'm going to take a stab at summarizing some of the main elements of the proposed regulations given to us by the IRS yesterday. If ...
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So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
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Preferential Pricing for Green Building Certified Properties
Fannie Mae offers preferential pricing on loans secured by a multifamily property with a Fannie Mae-recognized green building certification.
Green Buildin...
I am trying to figure out how my accountant has accounted for expenses associated to my non-rental long term homes.
Say at year end I have 5 homes n inventory and sold one house I had held for over 1 year
Furthermo...