1 April 2018 | 7 replies
If it is 15% down they could get a lot of money from you upfront and then get full recourse against you selling at an inflated price.One scenario non-recourse you learn on the property and then hand it back with minimal losses if it turns out to be a real dog.The other situation is they have full recourse against you on the loan, they sell you an inflated price, you put a bunch of money down 15%, and now they won't let you out of the dog of a property and every waking day you are dealing with problems.Owner financing can be great if set up properly.No legal advice given.
14 May 2019 | 8 replies
I am a current college student in Los Angeles looking to potentially start doing deals out of state (midwest) given the inflated prices and high barrier to entry here in LA.
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3 April 2018 | 9 replies
Do you think it has experienced appreciation significantly faster than inflation?
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2 April 2018 | 9 replies
Their price may be a good value to you despite deficiencies or deferred maintenance, or it may be inflated based on current market.
9 April 2018 | 7 replies
Hello all, I am looking for my first deal and I have come across a few properties of interest. However, when I do a property search on the tax assessors website, many times the Fair Market Value listed by the county i...
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7 April 2018 | 7 replies
Thanks for the tip @Lance Lvovsky Any other ideas on how I should go about determining a cost basis when there's basically nothing to go by except perhaps performing a present value calculation based on inflation?
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4 April 2018 | 10 replies
One more thing that I would like to add is to not forget that during the first 7 years of the loan, you are paying down capital and inflation is working for you.
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21 April 2018 | 14 replies
I believe these are unreasonably inflated but unfortunately, legitimate.
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16 June 2018 | 16 replies
The dues should be raised every few years to account for inflation etc.
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7 April 2018 | 0 replies
It is a disaster in our monetary policy where the Government prints $$$.8- Inflation: What does that mean?