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17 May 2019 | 3 replies
I am new to the phoenix Arizona area I just came across a deal and i'm wondering if the numbers add up the house has a mortgage on it that the sellers want to be paid off the area where the house is in a decent area they did some work on it they added an extra bedroom so instead of it being a 3br/2th its now a 4br/2th 1,400 sq foot with a lot size over 6000 sq ft the mortgage thats owed is 53k the house needs minimal repairs it really just needs to be updated they want are asking 102k free & clear and they want the mortgage of 53k to be paid off total asking price including the mortgage price 155k is the total asking price houses in that area have sold for a wide variety of price range is my concern they range selling price is anywhere from 80k all the way up to 210k properties withing the 1 mile range of the house have sold for 170k to 210k is this a good deal or should i try to go back and renegotiate the deal
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1 December 2017 | 1 reply
In the multifamily capital markets, Freddie Mac and Fannie Mae offer a wide variety of attractive loan options, including a 60-90-120 day lock feature with the quoted spreads being higher for the longer timeframes.
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28 November 2017 | 2 replies
. - I am sure you can get a wide array of advice on how to go for financing.
19 February 2018 | 6 replies
There are many BP forums for wide variety of subjects.
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5 December 2017 | 4 replies
He broke open the back door window wide enough to stick his arm through and unlock the door knob from the inside.That's my story.On the refrigerator there was a flyer with pictures of my other houses.
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4 December 2017 | 7 replies
Can someone recommend me a firm that does this, and what are the costs typically (ie percentage of purchase price, single dollar amount, etc.)I'd like to do it myself but would feel 1000 times better knowing I'm doing it in addition to a professional company and see what disparities arise between their analysis and mine.
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11 December 2017 | 18 replies
That is about the only other option if a barn door wont work...not recommending it but there are some very pretty curtains and if you mount the hardware extra wide inside the room the tenants can leave it fully open except when company comes.
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2 December 2017 | 1 reply
Basically he has said he is wide open to SELLER financing.
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3 December 2017 | 2 replies
The catch is that Fannie and Freddie (to the best of my knowledge) will not underwrite a 2 unit manufactured home (it’s not a modular, it’s a double wide duplex, 6/2).
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4 December 2017 | 1 reply
Unable to obtain bank financing due to the property type (older single wide mobile home on acreage), the seller agreed to take back a note for the buyer.Sale Price $120,000Down Payment $ 7,000Original Balance $ 113,000Terms: 9.5% interest, $987.28 per month, 300 month termThe sellers, being of retirement age, wanted something more than monthly payments.