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22 May 2024 | 3 replies
(There are even some who believe that the seller providing a loan to the buyer will disqualify the exchange entirely, but that's not been our experience.)The most straightforward solution is to have the seller provide a cash loan to the buyer outside of closing.
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22 May 2024 | 2 replies
Offer them a chance to explain any difficulties they may be facing and discuss potential solutions.
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22 May 2024 | 6 replies
@Joshua Delzell, did you ever end up finding a solution to this?
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22 May 2024 | 2 replies
My solution: Get into a property admin/management/assistant position adjacent to experienced people I can learn from.
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22 May 2024 | 18 replies
Pick a solution in line with the unit type.
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22 May 2024 | 15 replies
You step in and offer them a creative finance solution that looks like this: (these are real numbers btw):Seller asking: $275,000 for 3/2 Single family split level, 1400 Sqft, with bonus room in basementYour Seller Finance terms as follows:Down payment: $20,000 cashSeller carry back financing amount: $255,000Terms: 5 or 7 year note with balloon @ 2.75% (or any negotiated terms here)Principal & interest: $867.61 per month (wow!)
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26 May 2024 | 102 replies
There's also a fair number of folks I've seen that have 1-5 units, hit a rough patch where they have to put in some work and want the "passive" income they heard about, but anyone with experience knows is not a true premise.The syndicators promise the solution to bad tenants, midnight plumbing issues, etc.
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22 May 2024 | 1 reply
And to make this process more efficient, we must stay abreast of design trends, workplace innovations, and ergonomic solutions that can enhance the functionality and appeal of our commercial properties.Updating Yourself with Economic Conditions and Political Changes: Stay informed about macroeconomic indicators such as GDP growth, employment rates, inflation, and interest rates, as these factors can impact overall market stability and investor sentiment.
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21 May 2024 | 2 replies
I offer homeowners a contingency plan best on their family needs and their times it is not in their best interest or best solution where they may need either sell their home to an investor for a discount or in market value.
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21 May 2024 | 19 replies
Easy solution: get licensed.