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12 November 2015 | 6 replies
I've demoed Realestateexpress.com, but I found that the material was very convoluted, and I couldn't distinguish the important parts.
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30 November 2015 | 28 replies
Here are some other thoughts that helped me:1 Distinguish between different types of "problems" and dedicate your immediate attention accordingly.I usually prioritize between "urgent", "high", "medium" and "low" priority.A good place to start in classifying problems is your local building code and laws.
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28 November 2015 | 23 replies
I think it also distinguishes one from becoming wealthy to building a legacy for subsequent generations in your family.
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29 November 2015 | 15 replies
Most states allow the borrower to make the choice to impound the tax and insurance or to waive escrows/impounds but usually you have to have 20% or more down payment.In CA the min is 10% down for the borrower to decide to impound T&I's or not (it cost more to waive impounds, about .40 points cost).Most other states require 20% down or more to waive them.Yes if you waive them you bring in less "cash," to close however its important to distinguish that these prepaids are just funds being stored on your behalf and are not "closing costs," in technicality but are required to be brought into closing to consummate the loan or transaction.Also the reason seller financing is less closing costs is because there is no lender, processing, underwriting, doc fee, credit report, etc.However, with a seller financed transaction you still have lender title insurance (I hope you have this), and the attorney/escrow fee, along with recording, notary probably, exise and transfer tax (depending on which county or state you're in), prepaid interest on the seller carried note unless you negotiated the start date of your note at a future time or got some forbearance/deferment period.
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3 December 2015 | 47 replies
Also you will be more able to distinguish better the good pm from the bad one.
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30 August 2016 | 65 replies
Surrounding oneself with success is one of the best ways to be successful and I hope I can absorb as much experience and positivity here as possible.
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11 July 2015 | 7 replies
@John KentFL LLC law does not distinguish between members (no managing members) unless there is documents to the contrary .. like an operating agreement.
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22 July 2015 | 17 replies
For these reasons, it is important to distinguish between those activities that do and those that do not require a real estate license.
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27 July 2015 | 4 replies
Very true Roy NAs a starter I would think -- a combination of flipping with rentals would be good, till one can establish oneself as a wholesaler.
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26 August 2015 | 0 replies
I am looking for some advice in regards to the best contracts to use for every stage of the wholesale transaction in MA as well as the most transparent verb-age for clear disclosure; and also the best clauses to use to cover oneself risk and inspection wise that would still be presenting the seller with the most attractive offer possible.