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7 January 2014 | 22 replies
I'm pretty new to landlording and have never held a position as property manager.Joint ventures can be beneficial to both parties if the numbers look right and your cross your legal t's and dot your legal i's.
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3 January 2014 | 3 replies
I have been working as a broker for about two moths now, prior to that I have held my previous job for three years, I do not have very much saved up about $5k, and I am not sure about my credit score.
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4 January 2014 | 6 replies
Some need their hand held and led to a property and walked through every step, some don't.
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4 January 2014 | 7 replies
If she is not active and not in the LLC they cannot attach tenant by the entireties property as both parties have total ownership, both parties have to owe the debt to attach property held in that fashion.
5 January 2014 | 9 replies
The banks were screaming bloody murder when unregulated mortgage brokers hit the streets and it took about a decade just to have a broker get a license, now, the broker is held to almost the same banking standards in may respects, so that is a big plus for banks to get these small brokers off the streets, for most folks it means if they need a loan they'll have to head to the bank.Scruggs and other seller financing gurus brought much of these new requirements on seller financed deals, if there hadn't been scammers with the rinse and repeat set ups seller financing probably wouldn't have gotten hammered as it did.
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6 January 2014 | 52 replies
Let's assume I held the property for a year with a tenant on a twelve month lease after renovations were completed.
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6 January 2014 | 2 replies
The owner is 100% compliant on doing whatever I need to do to get it sold except for he does not want to be the one on the listing agreement (he doesn't want to be held liable for any of the work that my team and I did).What are my options to get this house on the market?
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6 January 2014 | 2 replies
It's a terrible system, that is held together through the National Association of Realtors.
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7 January 2014 | 5 replies
Or, two, the property is held for rental or investment or use in a business and they qualify for 1031 Exchange treatment.
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12 January 2014 | 9 replies
Many portfolio lenders will lend up to 70% of your costs (or appraised value if you've held it for 6-12 months), amortized over 10-20 years at about 1 - 1.5 points above typical OO rates.You'll need decent credit and income, but if you have those things, a portfolio lender is your best bet...