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15 June 2013 | 3 replies
Title sounds great but the delivery is flat.I'm an student at Automobile University and I will also recommend Dolf De Roos' "Wealth Magnet" which has a strong Real Estate bent.Stay up, Winner.
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27 September 2012 | 8 replies
When you have a network of mentors and experienced advisers to double check investment decisions then your fear can be pushed to the side.It is strange though that the American public has very little fear of maxing out their credit cards on flat screen plasma TVs and buying gas guzzling automobiles but has such fear of real estate.
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26 January 2015 | 5 replies
In Texas there is no requirement for sellers to disclose: "A seller or seller's agent shall have no duty to make a disclosure or release information related to whether a deathby naturalcauses, suicide, or accident unrelated to the conditionof the property occurred on the property or whether a previous occupant had, may have had, has, or may have AIDS, HIV related illnesses, or HIV infection."
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5 July 2016 | 8 replies
From Fannie:Borrowed Funds Secured by an AssetBorrowed funds secured by an asset are an acceptable source of funds for the down payment, closing costs, and reserves, since borrowed funds secured by an asset represent a return of equity.Assets that may be used to secure funds include automobiles, artwork, collectibles, real estate [EDIT: eg, a HELOC], or financial assets, such as savings accounts, certificates of deposit, stocks, bonds, and 401(k) accounts.Secured Loans as DebtWhen qualifying the borrower, the lender must consider monthly payments for secured loans as a debt.If a secured loan does not require monthly payments, the lender must calculate an equivalent amount and consider that amount as a recurring debt.When loans are secured by the borrower’s financial assets, monthly payments for the loan do not have to be considered as long-term debt [EDIT: in other words, 401k loans are not only acceptable, but we don't even hit your DTI with the payment].I like to push things; I've been waiting for an opportunity to use artwork-secured debt for ages but it's never come up.
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23 February 2021 | 30 replies
Department of Labor, 769 F.2d 1344, 1348 (1985)); …lacking due process of law, in that they are ‘void for ambiguity’ in their failure to specify the statutes’ applicability to ‘natural persons,’ otherwise depriving the same of fair notice, as their construction by definition of terms aptly identifies the applicability of such statutes to “artificial or fictional corporate entities or ‘persons’, creatures of statute, or those by contract employed as agents or representatives, departmental subdivisions, offices, officers, and property of the government, but not the ‘Natural Person’ or American citizen Immune from such jurisdiction of legalism.A “Statute’ is not a Law,” (Flournoy v.
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14 June 2013 | 15 replies
There are all kinds of notes out there; real estate notes, automobile notes, mobile home notes, business notes and, notes secured by most anything that can be financed or held as collateral.
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22 March 2013 | 47 replies
This obviously doesn't make them immune, but I have seen ALL of the others default on payments at one point or another.
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20 August 2013 | 15 replies
@Chukwudi Motanya,Would you buy a $50,000 automobile without first physically seeing the auto?
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29 January 2016 | 8 replies
In other words, most of their money comes from automobile parking fees, not landing fees or gate fees or anything to do with aircraft.In Tulsa, Oklahoma, in the early 2000s, a guy named Mike Fine had made some money operating taxicabs, and decided he wanted to build and run a parking garage next to the airport.
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7 November 2014 | 52 replies
I sell my contract to buy at $25k for $27k before I am actually required to put up the money and take possession of the car.You are claiming that the fact that I am a principal to the initial contract, and to the second, is going to insulate me from having to be licensed as an automobile dealer?