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20 October 2018 | 29 replies
Mold remediation is remove everything you can, spray with killer, seal with an encapsulant.
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4 March 2021 | 1 reply
Purchase price: $67,500 Sale price: $135,000 Single family home in great neighborhood was halfway renovated when a divorce drove the owners to liquidate.
20 October 2018 | 4 replies
We both have credit scores of over 750When we move I will have about $65K in liquid cash or so for a down payment on a house.
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28 October 2018 | 17 replies
$1250 to spray your attic to inhibit mold seems extremely high to me.
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25 October 2018 | 10 replies
And, obviously, to buy a replacement property, you'd need to have some liquidity available.
20 October 2018 | 2 replies
You want to keep them somewhere they are liquid - meaning you can get them quickly if you need to get them back.
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10 November 2018 | 11 replies
This is where a lot of investors get into trouble because they look at their balance sheet and pat themselves on the back because of the "equity" they have in up markets, only to realize that it doesn't actually convert into the same amount of cash when it's time to liquidate.
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22 October 2018 | 60 replies
Save up an emergency fund (3-6 months of liquid cash, how much will vary based on who you ask/read), then put everything that is left into an account to save for a downpayment, closing costs (although asking the seller for closing cost assist is also a great plan), and some reserves for whatever "little" issues come up with the house.Then come back to it in a year and you will be in a much "safer" position.Best of luck.
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12 September 2018 | 1 reply
loleven tried liquidating my $16k work tractor to get funds to refi.i already maxed my credit card on rehabs. self employed but net tax revenues are avg of $2500 month for last 2 yrs. but with 2 moves, in last 6 months, and focus onto real estate less coming in.
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18 October 2018 | 20 replies
I’m reading a book on the Great Depression right now that talks about the importance of staying liquid so you can pick up deals in stocks and real estate.