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14 August 2024 | 2 replies
There is no set time for the county to foreclose on the property via a tax sale, according to this article purchasers of the tax lien certificate have to wait 5 years, as the owner has a redemption period after the tax sale, so you could be waiting a while, and if I'm not mistaken, you have to pay the taxes each year until the 5 year period is over, then you have to file for a deed or file a lawsuit to quiet title.https://smartasset.com/mortgage/how-to-buy-tax-liens-in-cali...Hope this helps,Dustin
14 August 2024 | 1 reply
To facilitate an informed decision regarding my suitability for the role, I would like to propose starting with a trial period which would allow you to evaluate my performance and see firsthand how effectively I manage properties remotely.Thank You.
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14 August 2024 | 4 replies
I utilize these products but more for commercial multifamily where they build in an interest only period, 30 year amortization schedule, and the bank funds as much as 100% of the construction costs.
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15 August 2024 | 8 replies
Take that and multiply it by every part of a property that can be damaged and you see why the insurance companies are losing so much money.To put it in perspective if the mortgage industry was losing money like this no one would be able to get a mortgage - period end of story.
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15 August 2024 | 6 replies
If you really want to go down that path, I suggest that you apply to work for a syndicator or RE Private Equity shop as an analyst or operator for a year or two, and browse through 100+ deals over that time period, underwriting each one, and trying to figure out, over that time, which ones you were "right" about, and which ones you were "wrong" about, as best you can.
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14 August 2024 | 16 replies
Hi Carlos, In a best case scenario it would be a cash buyer or conventional loan buyer you would need due to the seasoning period of just purchasing the home.
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17 August 2024 | 25 replies
each area has nice features but they are different in valuation >the ranking's in Neighborhood scout don't give any scale.neighborhoodscout provides percentages in addition to the numeric comparison score I find more useful because it is not as easy to recognize if a certain percentage is good or bad over a period of time.
13 August 2024 | 5 replies
I am seeking suggestions for lender(s) that would be willing to lend to our LLC with limited cure period requirement (6 months or less) using Income valuation approach with no / limited additional criteria.
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15 August 2024 | 29 replies
Period. - Request and verify their schedule of real estate (SoRE).
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14 August 2024 | 134 replies
The amort period and the balloon period should be very close to the Funds cycle timing.