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20 June 2018 | 8 replies
New roof and a company is coming in to install a radon mitigation system so the basement is getting a vapor barrier installed all before I even close on the house. other than that we are looking at about a 50k rehab, ARV is at 90k.
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27 August 2018 | 9 replies
Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.
26 June 2018 | 2 replies
I think this would mitigate vacancy cost but I was wondering if anyone has experience with this?
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6 July 2021 | 6 replies
The emergency cleanup/mitigation/pipe repair was completed by March 3d and they quickly asked for authorization to represent me in insurance payments which I declined.
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4 July 2018 | 10 replies
These are usually reserved for large loans where the risk mitigation is built into the purchase asset or business itself.
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3 July 2018 | 5 replies
It really depends on what you are comfortable with, a lot of people will go the commercial route or explore blanket loans if they want to be the most efficient others would pay down some mortgages to mitigate some risk, it depends on what you are most comfortable with.
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3 July 2018 | 3 replies
I figured there was something I was missing otherwise the only strategy would be contract for deed to mitigate the due on sale clause risk.
8 July 2018 | 17 replies
Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.
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6 July 2018 | 7 replies
I’ve found a SFR that needs a lot of work: foundation, water mitigation, plumbing (and this is what I can see).
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5 July 2018 | 9 replies
Now tenanted and has some operating history to show.Basically there should be a 'story' behind why there is limited info being provided and you need to find out what it is.Regardless, limited information means more guess work on your part which means more risk and so a lower price to mitigate and leave a bigger buffer.