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3 September 2017 | 7 replies
if you need a giant dragon in your back yard made of fiberglass and fire coming out of her mouth or 15 ft Naoh's Ark made of all wood for your church / school , I'm the guy..
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15 October 2013 | 6 replies
@Dick Rosen that is good to know in the RI area it is higher (10-12%) but I have a multi-unit discount with my property manager that brings it down.
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10 August 2015 | 4 replies
Ruth and Dick, thank you so much - I have found a new company and it seems to be working out.
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16 August 2008 | 7 replies
Hi Dick, Thanks for the welcome, once i get out there and understand my market i hope to do well.
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8 September 2013 | 4 replies
Starting at your age can give you a giant head start.
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7 September 2014 | 0 replies
Max rent allowable on each at the 1.1% lets me list rent for a condo in the middle reasonably for $638.00/month. there is also a $155.00 condo association fee tacked on the end that I'm not sure can be added to the monthly rent. so the proposed cash flow of each condo per month will roughly be $134.00/unit without even breaking into other expenditures, that is covering a conventional loan of 20% down and 349/month per unit mortgage for 30 years. so with all 4 units as one giant loan package, a conglomerate loan will be for 232,000 with 20% down leaving the mortgage payment of 1195/month for 30 years. tentative cash flow before expenses/mortgages will be 2,552.00 subtracting mortgage and association fee only.
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2 January 2016 | 12 replies
That is a reflection of the lousy health-care system in America, and not the borrowers’ ability to be a homeowner.”What is notable (considering the great divide between political parties in Washington) is that the loan was created by an unlikely partnership between liberal-leaning Marks — a housing advocate known for getting arrested for nonviolently harassing bankers at their own homes on behalf of homeowners facing foreclosure — and two resident scholars with the conservative Washington think tank American Enterprise Institute (AEI).Edward Pinto, co-director and chief risk officer of the International Center of Housing Risk at AEI and a former official at the mortgage financing giant Fannie Mae, and Marks originally met while participating together on a panel at a housing conference in Washington in 2008.According to Pinto, Marks, in his signature style, “lit into” him regarding the failure of the banking system to protect homeowners against foreclosure and short sales.
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16 April 2017 | 42 replies
I'd have to agree with @Dick Stevens.
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24 August 2022 | 1 reply
I see many people set up giant fortresses to protect almost nothing, and then they can't handle managing the structure.The money should flow through the ownership structure according to your operational agreement and intra-company agreements.