5 March 2020 | 2 replies
You can get a loan in the US to build in Mexico but you'll have to provide collateral in the US, which defeats the purpose (if you do that, you can use the money from pretty much anything as the bank doesn't care).
4 August 2020 | 4 replies
I have enough assets to purchase my target US properties in full cash, but that would significantly reduce my purchasing power and defeats the core benefit of any RE investment, leverage.Your opinions are appreciated, thank you.Scott
1 May 2020 | 14 replies
In either case, since the HELOC lender is recorded prior to the mtg being foreclosed the lender is neither a necessary nor proper party to the foreclosure since it has priority of record.In this kind of situation, where the third lender's money went to pay off the first lender's money I frequently used a theory called equitable subrogation to defeat the priority of the second lender.
11 September 2020 | 328 replies
The last thing you want is for people to stand around doing nothing.Both Tyson and Holyfield were right, plans shouldn’t survive the first punch in the mouth but you need one in the first place to be able to adapt it for changes in reality…“Victorious warriors win first and then go to war, while defeated warriors go to war first then seek to win” Sun Tzu, the Art of War.So, be like Holyfield, put a plan together in sufficient detail to “win first” but ensure you can adapt this plan so that one “punch in the mouth” does not result in defeat.
24 July 2021 | 172 replies
They also know that once that happened, the renters would all be forced out into the street anyway, defeating the whole point of "canceling rent."
6 April 2020 | 43 replies
As it really defeats the purpose in having any accredited investor that can spend $150,000 a month on npn or an investor with $10-$50 million per month on deficiency balance notes if you can't get honest biz done!
2 April 2020 | 11 replies
If that's correct, it would defeat her purpose unless she wants to buy that specific property, maybe because she wants to use it for herself, which I don't want to speculate on.As a result of the crisis, real estate prices in Barcelona could get a whole lot cheaper and at the very least there could be opportunities.
6 April 2020 | 12 replies
Don't let what one owner says defeat you!
18 April 2020 | 7 replies
Spoke to a lender and feel defeated as I only qualify for a 60k property.