1 July 2013 | 7 replies
Or you could go back to the seller after assigning and get an agreement from the seller that releases you.
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1 July 2013 | 10 replies
I have been reading the Kindle version you guys recently released, it has definitely been of help.
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8 July 2013 | 10 replies
I'll add, If the mortgage was paid but never released there are laws regarding that and how you protect/assert your rights.
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3 July 2013 | 5 replies
You could also do a second on another property, or several others.I'd suggest too that you start looking at a blanket mortgage on several properties (with a release fee on each) and begin consolidating the debt to free you up for financing.Creative financing is utilizing the assets you have to leverage a deal within the boundaries of conventional requirements, the rules and regs, not getting wild with schemes. :)
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9 February 2014 | 15 replies
Bill Gulley,You would know the answer to this question better than anyone I know ...It is my understanding that if you Assume a loan, the seller is not technically fully released from liability for the loan.
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7 July 2013 | 9 replies
Next time she has one of these demands, a firm no and an offer to release her from her lease would be a wise course of action.
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7 July 2013 | 9 replies
Now, I've released tenants early, missed the best rental time of year, and have a vacant unit.
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8 July 2013 | 9 replies
Hi BrianIf you are going to pay a plumber do what the other replys say and go buy a new toilet it will be cheaperIf you are going to do the project yourself you must take the tank off to get flapper offTake the 3 bolts loose that you see in tank that are brassTurn tank upside down and unscrew big nut on bottom of tank that will release complete flapper unitGo but same unit replacement at box retailer
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8 July 2013 | 18 replies
Alternatively, you could arrange an earn-out whereby you retain 80% - 90% of his portion of the the cash-flow-before-taxes (CFBT) until he has earned out your half of the property {this could be done even if there is an existing mortgage in-place}.Be warned that if you have a mortgage and your names are both on it, the lender (especially a bank) may force the remaining partner to refinance (rather than simply issue a "release" of the other partner from the mortgage).There are others here like Jon Holdman, and @Bill Gulley, who have deep experience and better know the financing options available to you in the U.S.A.Whatever you do going forward, spend a little time with a real estate / partnership attorney and get things in writing.
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31 July 2013 | 27 replies
Here are a couple of links to SEC press releases.