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8 July 2016 | 8 replies
The FHA stigma is from 2005-2007 when FHA's standards for "a complete and safe home" were crazy relative to the crummy recession-causing loan programs folks were using.In 2016, FHA's property standards are not significantly above fannie/freddie, and FHA's income/credit standards are way lower (meaning that on average it's actually often easier to close FHA than fannie/freddie).Unless there is something super obvious that jumps out at an appraiser, or a specific inspection is explicitly referenced in the contract (HINT HINT), inspections are not required by fha, fannie, or freddie.
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16 February 2012 | 39 replies
Incestuous is an understatement, having worked on the 'inside' for a few years, I can only hint that its not just investors on the inside, but other REO agents (deal swapping) or straw buyer who flips it back to the agent for 2-3k more.
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14 March 2016 | 13 replies
PM me if you like and I'll introduce you to a guy who knows his stuff.Happy hinting!
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3 December 2019 | 29 replies
(Hint: the answer of 'because I have my money tied up in lots of other deals' or 'because buying houses is like eating, you can only stomach so much', then you might want to run the other direction because who is that person to give you counsel on wholesaling??????????????
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28 May 2014 | 15 replies
If you are picking up on a slight hint of pessimistic sarcasm, I can assure you, it is not sarcasm.
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4 February 2013 | 40 replies
notice I said silver before gold..hint hint.
8 September 2021 | 6 replies
You do not want to give them any hints who you are, or even your phone number.
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12 March 2018 | 7 replies
But assuming it's in an area I thought was improving and all the number were right and I thought I could turn it around I would be offering about $200k.By the way, by putting in mortgage cost you are giving a hint as to what the purchase price would be...The insurance cost seems low to me. $250-300 unit is more normal for me.The tax cost seems very weird to me.
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26 January 2017 | 5 replies
I've been asking more questions about the properties, specifically about some discrepancies with the numbers, and the broker I've been using has been somewhat hinting at the fact that nitpicking every little detail is more in the due diligence phase than the initial intro phase.Of course I understand he wants me to make an offer so he doesn't feel like he's wasting his time and there is some money on the horizon for his work thus far, but I'm kind of stuck as to how to proceed.
11 December 2014 | 1 reply
Unless you have bought a boatload of properties from the listing agent and he will drop a couple hints.