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30 October 2022 | 2 replies
I would live in a unit as primary residence.Talking to lenders about Hard Money to get title. 9-10% non-deductible interest during construction time without the rental income really stings, and is compounded by risk of higher rates for refi at completion of the work.Seems like I should either: a) plan to race to get plans ready for a Construction-to-Permanent in order lock in a rate ASAP.
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27 October 2022 | 9 replies
So to be a bit more clear, we are not looking for more land to "build" on, we are looking for an aesthetically pleasing atmosphere for our permanent and temporary RV tenants.
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23 September 2022 | 8 replies
At about $9k in negative CF/year (added cost to you), offsetting your current equity/cash out at sale of about $80k, means that in less than 10 years from now (probably 12 due to appreciation), as the negative CF eats away at your equity, the property will be at a permanent, and unrecoverable, loss.Also, paying down the mortgage payment, using your own cash, doesn't save you money...it costs you more money.
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26 February 2015 | 10 replies
With securitization, this could be a more permanent venture (much like it is for us small investors).
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8 March 2016 | 33 replies
As landlords, it's good for our forum members that those decent income struggling single parents are forced by dumb regulations to permanently be tenants, but as people I think we could all agree we need to chill the F out with our regulating the mortgage industry.
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4 April 2017 | 18 replies
Employer cost per man hour is lower than national average, with wages lower in 16 of the 22 major occupational groups, indicating moving jobs to the area is beneficial to a company that is paying higher wages elsewhere.
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23 February 2016 | 2 replies
These survive the tax deed and will be passed to you.http://fl-duval-taxcollector.publicaccessnow.com/P...I personally stopped bidding due to how long it takes for money to post to your clerk of courts account(basically ties up this money permanently) and too much wasted effort when 80% of the properties I am interested in are removed minutes prior to auction.
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4 February 2014 | 17 replies
Define success you must understand each party's motives, when the choices available to each, and then you must creatively suggest solutions....Creative things sellers can do the sell their house1. seller contributions2. seller funded permanent buy down3. seller funded temporary buydown4. owner financing5. contract for deed6. seller second mortgage7. lease option and lease purchase8. wraparound and assumable mortgage2.
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21 November 2013 | 2 replies
The revolving line might be good to buy with, but I'd then be looking for permanent financing, as the line could be called or the rate could jump.
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2 December 2013 | 6 replies
There are other examples, you get the idea.A Bankruptcy will not permanently cloud title.