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26 April 2015 | 14 replies
It just comes down to what both parties agree to.If there are just two parties involved the simplest ways would involve either a joint venture agreement or a promissory note arrangement.
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25 December 2014 | 9 replies
Would highly recommend you build business credit, credit cards being the simplest way to start.
1 November 2013 | 2 replies
That's part of the value of a strong escrow closing agent.The simplest way for you to participate in this opportunity is to refer your deal to another local and more experienced real estate investor for a fee or %.
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25 April 2014 | 2 replies
Perhaps the simplest way is to buy the home on a land contract (subject to an existing mortgage if applicable).
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7 May 2014 | 16 replies
But the simplest explanation is that the lender wants to be sure you have enough commitment into the deal to reduce the likelihood of the lender having to foreclose, and that if the lender does have to foreclose that there is enough cushion to recover the amount loaned (or as much of it as possible).The commitment from you would be at least 30% down in your original example.
10 January 2014 | 69 replies
In it's simplest form, an amendment to the balance of a loan that does not benefit the borrower, requires the borrower's agreement.
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4 September 2013 | 11 replies
You will lower your risk and carry costs, and increase your appreciation potential.To reduce it down to its simplest form, find healthy markets that offer good cash flow and appreciation potential, then narrow that market down to desirable neighborhoods with good tenant demand, and tie that in with quality properties that make sense (condition and cash-flow).BTW -- you have some great markets there in Texas including Houston and San Antonio.Continued success!
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28 October 2013 | 12 replies
Sounds the cleanest and simplest.
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15 September 2013 | 5 replies
With several heirs, unless one wants to buy the others out, the simplest solution is to sell the property, then distribute the net proceeds of the sale (mortgage will be paid off at settlement) in accordance with the terms of the decedents's will and with the approval of the probate court.
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18 September 2013 | 11 replies
Many are grandfathered in however if you're going to put a new one in it must meet current code.The simplest thing to do is call the town or city you're purchasing in and ask them.