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27 May 2024 | 23 replies
If you have the cash, proof of funds is easy: Screenshot a bank balance or provide a recent bank statement.If you have a legitimate hard money lender who has underwritten the deal and confirmed you have the down payment and cash to close, they should be able to provide you a letter stating exactly that.If you have neither, then you have no business making an offer in bad faith and trying to tie up the seller's property.Also (and this is crucial and a common rookie mistake) - Don't send a "cash" offer to the title company and then neglect to tell them about your hard money lender.
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30 May 2024 | 93 replies
A thorough inspection before purchase is crucial to identify any major issues.Closing Costs:Closing costs can vary depending on location and the specifics of the deal.
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24 May 2024 | 6 replies
Real estate has so many tax benefits and credits available, that I always tell people it's crucial to have a CPA that's extremely knowledgeable in this area.
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23 May 2024 | 43 replies
In these "quantity" areas, you'll have a very hard time finding a buyer who has a down payment and can qualify for a loan .This is an article Jack Miller wrote about the topic.Making money from the earnings of poor people is like getting orange juice from an orange tree without any oranges on it.
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24 May 2024 | 8 replies
For example, I've had amazing success with seller financing—one time I even got a seller to carry back 100% of the home's value in a first mortgage, meaning zero down payment.A crucial part of this is finding motivated vendors.
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23 May 2024 | 0 replies
As I venture into transforming a historic school into a daycare and cultural hub, I've come to appreciate the crucial role of non-profits and endowments in driving both social change and economic growth.Behind every successful non-profit lies a strategic investment framework.
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23 May 2024 | 5 replies
Balancing these factors is crucial in making your decision.
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20 May 2024 | 4 replies
I am searching in San Diego and Orange County areas.
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24 May 2024 | 34 replies
To discover suitable investment opportunities, it is crucial to conduct thorough research, analyze local market trends, assess rental demand, consider job growth, evaluate neighborhood dynamics, and anticipate potential appreciation.
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22 May 2024 | 2 replies
Also, assembling your Core 4 Real Estate Team is crucial for navigating the process effectively.