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10 April 2017 | 27 replies
That's one way to get checkbook access to your retirement money.Your financial / legal professionals should be able to to help you set that up.David J Dachtera"Success is not a destination.
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15 January 2024 | 14 replies
In this case no properties have been located and it's been almost 6 months.I know 2 people who are into this guy for varying amounts, let's call them Eric and Bob, keep in mind that both individuals attempted to contact Powers on at least a weekly basis, here is the timeline:June 11th:Eric and Bob both wired $20000 to USA Income PropertiesJuly 19th:Eric was offered the opportunity to to fund a promissory note for $25000 with a due date of Oct 15th, he didAugust 26th: There was a property "located" and Eric was asked to submit an additional $20000 deposit to fund the property (these are distressed and typically fall in the 60K range, the idea is that the funds from the promissory note + previous deposits would purchase the property)September 29th: Bob informs Powers that he would like a refund of the deposit, keep in mind that the deposit contract states the following: """Either party may cancel this Reservation without incurring liability to the otherat any time until such time as both parties have signed a Binding Agreement toPurchase and all contingencies in said Agreement have been satisfied.In the event of cancellation by either party, the aforesaid deposit shallbe promptly returned to Purchaser without charge."""
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26 March 2020 | 15 replies
At this point if I have to wait to to go all cash of my own, depending on the location, it may worth it.
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11 January 2024 | 36 replies
Know the specifics on what an owner must to to increase or REDUCE services.
19 January 2024 | 6 replies
Who does the cash buyer make the deposit to? To
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7 August 2019 | 2 replies
For example, property in rural locations or otherwise difficult to sell, low buyer credit rating or low cash for down payment, and seller’s ability and desire to earn a rate of return on equity.I’m planning a direct mail campaign to broker notes and am considering where to to target.
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31 January 2024 | 9 replies
@Dave Foster is an exceptional QI and it would depend what market you will exchange in to to find a lender that is solid.
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30 January 2024 | 8 replies
You have come to to the right place to soak up knowledge and resources.
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19 April 2023 | 48 replies
It is so rewarding to to see what my wife and I have accomplished by simply living below our means, a **** ton of hard work and tenacity.
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30 January 2024 | 12 replies
What kind of professional do you recommend I talk to to gain a better understanding?