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24 October 2023 | 0 replies
This hands-on approach not only helped me save on costs but also allowed me to infuse the property with a personal touch, making this inaugural house flip an unforgettable endeavor as I established myself as a new flipper in the real estate market.How did you find this deal and how did you negotiate it?
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5 May 2016 | 40 replies
Other important things are 1) confirming the house does not have knob and tube wiring and 2) does not have the screw in fuses.
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3 October 2023 | 8 replies
Every bedroom has a comfy bed, a 3" lavender infused memory foam topper, extra blankets and linens, a desk (with a mirror.
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8 July 2020 | 67 replies
Not with any frequency of course. but it does happen and when it happens if you the sub too buyer cant get a loan because you don't qualify or because you took a sub too with no equity and now a big cash infusion needs to be made etc etc. this is what fubar's sellers.. they get their credit trashed.. bank can refuse payments and there ya go.I suspect just like folks on this site like to run to lawyers for advice ( and most should) sellers seem to not do it on sub too's one because they are distressed .. and simply do not get all the what can happens explained to them.. if they do go to a lawyer..
5 October 2016 | 16 replies
Doesn't this automatically infuse bias in the appraisal process?
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30 November 2022 | 53 replies
That equals 2,400 per year , returning 120% on your cash infusion.
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30 October 2009 | 1569 replies
We all believe in the “pay it forward” process of life. 2) We gain possibly 2000 new customers of which we hope a majority think positively of us after this ordeal is over. 3) Publicity and word of mouth could increase our business in other cities. 4) New city entry with ready made real estate, cash and a going concern business. 5) Quick infusion of assets offsets long period of acquisition through normal channels. 6) We believe we can make substantial money for ourselves over time.Again, all of this is just at the embryonic stage at our firm.
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23 June 2012 | 21 replies
Hmmm, not sure why he believes buy and holders (landlords) are "by definition" expecting the value to go down.My understanding was most buy and holders are still looking to buy at a discount (much like rehabbers) to have an out if things don't work out (being a landlord ain't for everyone) or if they need a cash infusion (or simply a debt servicing reduction).I certainly don't expect my properties to go down in value long term... though in fairness in the short term I'm not altogether worried about it.
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25 December 2016 | 60 replies
My scenario involves a two member LLC in which one member is the money man and is passive and the other is the active managing member.Most LLC investors start by transferring personal assets into the LLC or personally guaranteeing a loan to infuse assets into the LLC.
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8 January 2015 | 82 replies
It makes me money, if I sold it I would get a short term cash infusion, but would have also killed the golden goose.For people who have come straight into real estate these correlations may not seem as evident.