
30 May 2014 | 18 replies
On personal loans, they can be up to 24% or 4 points above the prime rate (whichever is less) which is currently much less than 24%.

24 July 2014 | 14 replies
Everyone is pretty much writing to the same standards and selling the mortgage to whichever institution is buying at that time.

3 November 2013 | 25 replies
The Taxable Value is supposed to 50% of the actual market value, although it can be lower than that because annual increases are limited to 5% or the rate of inflation, which ever is lower.

30 July 2013 | 11 replies
He would give you a mortgage or deed of trust (whichever is used in your state) and a promissory note.

10 October 2013 | 4 replies
But as far as first steps, the biggest thing starting out, for either flipping or rentals whichever, is going to be securing your team.

29 August 2015 | 27 replies
So your options as stated are have the bank finance the whole thing up front and cash seller out.. or have seller do a seller carry mortgage or deed and note which ever is used in your state..

22 June 2015 | 14 replies
It sounds like grounds for you to pay this rent in full along with a notice of you moving( be it 30 or 60 days notice whichever your landlord requires).

21 May 2015 | 16 replies
If the property was purchased less than 12 months ago, typically the lender will use the purchase price or the appraised value, which ever is less.

11 October 2014 | 5 replies
$70k purchase price $20k rehab costs, cashout finance of 75% LTV or 75% of the amount invested whichever is less. 6% interest only for one year.

14 November 2014 | 5 replies
I've already begun plugging in based on the numbers on the transaction for my own house but thought I'd reach out to the community anyway.Target ROI on a flip (minimum, average, and realistically preferred)Purchase Costs (% of Acquisition price aka my price)Holding Costs (per month or year, whichever)Average holding period(s)Selling Costs (% of retail price, my buyer's price to the market)I totally understand the numbers can be extremely high or low depending on location and the individual deal itself but I'm just looking for your typical deals and their averages so to give me an idea of what to look for.I'll apologize in advance if anything above isn't all that clear.