4 January 2019 | 1 reply
Initially I thought about getting a hard money loan and doing a traditional transaction so that my in laws can get their money right away, however time is not of the essence Someone also told that me to save money (avoId poInts/fees/Interest) and just “partner up” with my InLaws and write a contract stating that upon the sale of their house, they’ll get their 400K and I’ll get the rest, have them give me a quitclaim deed to the property and i’ll pay their mortgage and expenses during the rehab months.
4 January 2019 | 1 reply
If you have partnered with your Ira & lend $$ from your IRA in the scenario described it will be a “prohibited transaction” and blow up your Ira. see if you can get a non recourse loan from an allowed person, Ira, or company.
9 January 2019 | 50 replies
It is an animal that works, provides assistance, or performs tasks for the benefit of a person with a disability, or provides emotional support that alleviates one or more identified symptoms or effects of a person's disability.
4 January 2019 | 5 replies
As a condo owner it made prices stagnate as this limits the buyer pool to conventional and cash transactions.
4 January 2019 | 5 replies
As private lenders, we prefer this as it gives us more comfort that the purpose of the transaction is business purpose and we are not providing a loan for an individual's primary residence.
7 January 2019 | 25 replies
With so many parties involved in a real estate transaction, the waiting is the hardest part.
21 January 2019 | 2 replies
Then, just have your broker review every document that is produced and give you advice at every step of the transaction, and pay your broker yourself.
22 January 2019 | 2 replies
I'd work on digital strategies like Facebook since you can still target your desired areas effectively without "boots on the ground" like bandits.
14 January 2019 | 5 replies
As @Lucas Miller said, the economy is a complicated beast and is effectively impossible to time.
7 January 2019 | 0 replies
If so, what you call this transaction and who would be willing to do this?