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15 February 2018 | 4 replies
this will be my first meeting I have set up with a prospected client looking to sell there home. this is a client that has inherited a home from a family member that has past away. any advise on how to enhance my chances of success on this deal?
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15 February 2018 | 4 replies
Most of the times, these numbers have been massaged by the seller to make them look good or is other cases are incomplete.
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12 January 2018 | 1 reply
Guideline B-20 now requires the minimum qualifying rate for uninsured mortgages to be the greater of the five-year benchmark rate published by the Bank of Canada or the contractual mortgage rate +2%.OSFI is requiring lenders to enhance their loan-to-value (LTV) measurement and limits so they will be dynamic and responsive to risk.
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6 February 2018 | 15 replies
And just as @Gino Barbaro you can roll that acquisition fee into your equity, which many people do to enhance their upside at disposition.Happy investing!
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1 February 2018 | 8 replies
@Raymond Hill Assuming the 50% rule:Monthly Rent (assumption): 1k/monthAnnual Rental Income: 100kAnnual Revenue: 200kUnits Needed: ~17It will be hard (not impossible, though) to hit 50% OER and in all likelihood you'll be in the 55-60% range.Cost per Unit (includes purchase price + rehab): 45kUnits: 17Total Cost: 765k (45k *17 units)LTV (loan to value): 25% Capital Required: ~191K (765k * 25%)That being said, before going into a deal, it would be prudent to consider enhancing your knowledge by partnering with experienced investors and/or attending local real estate events.
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7 February 2018 | 17 replies
In order to continue coming out with good products and enhancing the experience, there are some things we need to charge so BiggerPockets can continue to operate.
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4 February 2018 | 22 replies
The Lessor shall not lease or sell the units within fifty (50) feet of Lessee's demising wall to the following users(s): a) Bars, taverns, billiard halls; b) Pawn shops; c) Dance studios or Karate studios; d) Beer or wine-making stores; e) Psychological counseling offices/facilities; f) Unemployment or Social Security offices; g) Liquor stores; h) Tattoo shops/body art/piercing tenants; i) Beauty/Hair Salons, Cosmetology Services, or Nail Salons; j) Gun and Weapon shops; k) Smoke/Tobacco or Vapor/E-Cigarette shops; l) Child Care/Children's gymnasium; m) Dry Cleaning Plant facility; n) Veterinarian/Dog Grooming/Animal Boarding; o) Gym/Workout facility; p) Same day cash/loan shops; q) Massage parlors (except for national chains such as Massage Envy and the like); r) Police substations; s) Military recruiting offices; ort) Any other non-professional use similar to those listed above.
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6 February 2018 | 11 replies
Depending on the type of property you buy, you can always title in your name and grab an umbrella insurance policy to enhance your liability coverage.
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15 May 2018 | 15 replies
I do try to instruct return guests to book direct to avoid this fees and it can enhance my rates if I only partially offset the guest booking fee.
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5 September 2019 | 49 replies
But over time you'll learn to massage your standing and stay firm with your decisions.