5 December 2020 | 3 replies
My favorite thing about this is the interest rate you are charging.
10 December 2020 | 12 replies
(least favorite idea -- Unless you know of a really good performing property that I should invest in)4.
20 January 2021 | 4 replies
In this case, you and your parents would report it on your tax returns.If there is an instance where you and your parents are on title and your parents quit claim it to you, there may be potential gift tax implications.
7 December 2020 | 0 replies
We're under contract to purchase a seasonal lodge w/rental cabins, a restaurant, gift shop, etc.
9 December 2020 | 2 replies
Freddie Mac considers the following to be interested party contributions:Funds from the Seller, originating lender, an employer, a municipality, a non-profit organization and a Related Person, are subject to the interested party contributions requirements if the contributing party is affiliated with any of the interested parties as stated in the paragraph above, except as stated below for gifts from a Related Person and lender credit.Funds from an interested party that flow through a third-party organization or a non-profit agency to the BorrowerFunds from an interested party, including a third-party organization or a non-profit agency, used to pay costs associated with the Mortgage transaction on the Borrower's behalfFunds that are donated to a third party, which in turn provides the funds to pay some or all of the Borrower's Closing CostsSo it doesn't sound like it should be a problem.
10 December 2020 | 2 replies
Whenever we buy a house to work on we send every surrounding neighbor a handwritten card introducing ourselves, my contact information, a preemptive apology for the noise and disturbance along with a $20 gift card to Starbucks or amazon.
8 December 2020 | 0 replies
We're under contract to purchase a seasonal lodge w/rental cabins, a restaurant, gift shop, etc.
4 May 2021 | 33 replies
I used Roofstock's referral from another investor so I got a prepaid gift card of $1000.
8 December 2020 | 2 replies
Does anyone have any favorite methods of DIY home-value adds?
9 December 2020 | 1 reply
Once the dust settles there should be 310k remaining and a gift of equity amount of 140k.