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19 January 2025 | 354 replies
Basically ,they have the right to reject your capital and essentially "pre-buy" you out.
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4 January 2025 | 19 replies
We also use Rental Guardian and add the charge to each booking so essentially the guest is paying for their own damage insurance.
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2 January 2025 | 2 replies
In 2015, my sister had a business which was essentially her livelihood.
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12 January 2025 | 23 replies
I think a property manager is essential.
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1 January 2025 | 7 replies
Essentially the lenders will be taking a risk on the property if they overvalue it.
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8 January 2025 | 13 replies
1) We make sure backside funds are confirmed at title before we initiate frontside wire.2) Our agreement that we get the wholesaler to sign essentially would allow us to secure a loan against the property if for whatever reason there was an issue (as never happened).3) We generally insist that both the A-B and the B-C contract are at the same title company.
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7 January 2025 | 24 replies
Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.
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6 January 2025 | 11 replies
Essentially 100% financing leaves no margin for error.
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25 January 2025 | 155 replies
Quote from @Chris Barrett: Yes, and if the buyer isn't able to close due to reasons other than allowable in the OTP you will lose your EMD and they'll owe you money that they apparently couldn't pay in the first place...As the person bringing the EMD you are essentially Joint Venturing on the contract and as such you have the right to cancel the contract just as much as the wholesaler.
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30 January 2025 | 45 replies
So true, unfortunately the fed has essentially kicked the can down the road, repeating volkers mistakes in the 70's.