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11 September 2015 | 16 replies
Thanks @William HochstedlerI've been doing lease options, subject to, installment sales, wrap around mortgages etc. for 30 yearsI believe if investors that have a real estate license talk to Sellers that have low equity and they need a solution, and they should be showed exactly what all their options areThe best solution by far is selling traditionally with an agent and getting out of the deal, and having the mortgage paid off in full.Then the other possible solution should be discussed, as in : taking over payments w sub2, lease purchase, lease and sale and purchase, wraparound mortgages, installment sales on free and clear houses, etc.I would have a goal to find the best contract attorney I could possibly findI would also find the best RMLO that understands the Dodd Frank in the Safe ActGetting a one on one coach I think the best investment you make when you start building a company.
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24 September 2015 | 2 replies
If you're trying to maximize your monthly cash intake (after mortgage and other expense are paid out) then often times having multiple units on a single property yields more cash.
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1 October 2013 | 9 replies
That's not for everyone though, some people prefer 401(k) even though they're more expensive because maybe they have a really helpful rep like me that talks them out of selling off all their stock when the markets at the bottom, or don't have the time or interest in taking care of it themselves or like that it's done right out of payroll because they know realistically they won't be deligent enough to regularly contribute on their own, or whatever...Just like you diversify between stocks and bonds and different funds, it's not a bad idea to diversify between before and after tax money.
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4 January 2014 | 2 replies
You're not alone and you realized it and took the first step in taking action.
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24 June 2011 | 23 replies
What city are the properties in?Take
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16 September 2013 | 6 replies
As you may guess, a large portion of the wall fell in, taking some of the rest of the house with it.
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18 August 2013 | 6 replies
Let me clarify that it's an application set, meaning that it can be accepted at in-take and get an application number.
29 January 2015 | 4 replies
im thinking that would be hard, or should i just go thru a type of intake form...also can someone tell me what type of questions i should ask when responding to someone who calls from one of my yellow letters!!?
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11 June 2018 | 7 replies
Also, unless you feel comfortable and confident in taking out all your HELOC I'd recommend saving some for a rainy day until you have a few properties that are cash flowing to give you a cushion. 20% down should be enough to get you into a good 1st property.
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13 April 2014 | 25 replies
If you'd like them to move in, take a deposit and filled out application on the spot.Always find a way to get the contact information, minimally a phone number.