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2 September 2017 | 6 replies
It will depend on if they will be willing to issue a supplemental loan to increase proceeds.
2 September 2017 | 10 replies
His declaration would have helped us obtain, with the judges permission, another appraiser to supplement the 1st appraiser's report.My attorney wrote his own declaration stating that the appraisal was incomplete, however the Judge did not allow a continuance due to the fact that my attorney had already asked for one because he had trial on another case.I had to settle for $70,000 for a property that is worth $300,000+, do I have a good case against my appraiser.
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5 September 2017 | 9 replies
Provide them with a couple of window units to supplement the central AC.Do NOT pay them for a hotel or anything else.
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23 September 2017 | 9 replies
Ironically, I was at a wedding this weekend and met a fellow who is licensed in Illinois and completed just a handful of transactions a year to supplement his income.
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11 September 2017 | 15 replies
It definitely requires a long term perspective and able to supplement the cap expenses in the short term.Most of my rentals are in working class areas (Class C with some that may be B-) and small multiplex (duplex to quad).
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7 September 2017 | 2 replies
hi,relatively new to the game. i have a property with good potential in an area i think will appreciate well. in my current situation, i am not strapped for cash and can save 7-8k month for real estate purposes alone with my current job. this will be by first SFR and goal is to have at least 12% COCROI and have a minimum of $150+ using the 50% rule. im more or less in it for the long term game and want to retire with a rental portfolio that can supplement my income within the next 10 years. here are the two scenarios for the following property:property: $65krehab costs: $10kclosing costs: $3,200wholesaler costs: $2,500i plan to put 20% down on a 30 year fixed loan at around 4.8%Scenario 1:I cover out of pocket for rehab and wholesaler costs as well as downpayment + closing costsProperty: $65kRehab: $10kWholesaler costs: $2,500k Downpayment: $13,000kClosing costs: $3,200Total cash needed: $28, 710COCROI: 12%Monthly cash flow: $28850% rule: $313Scenario 2:I finance the rehab and wholesaler costs through my bank.
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20 March 2018 | 6 replies
But, if that is supplementing regular income sources then that can be used to continue to expand the portfolio.That would be the short term goal.
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2 April 2020 | 6 replies
I completed my coursework on realestateexpress.com and supplemented my studies with a prep guide.
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14 September 2017 | 5 replies
We both have full time jobs and a 9 month old baby, that we would love to spend more time with in the future by supplementing our incomes.
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16 September 2017 | 6 replies
Would like to grow a healthy cash-flow portfolio in the next 5 years to supplement (or completely replace) retirement.