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7 December 2024 | 12 replies
Milwaukee REIA is a resource for finding mentors, contractors, and connections to funding sources as well.
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4 December 2024 | 8 replies
While Redfin isn’t the most reliable source for estimating the values it indicates that I have about 400k in equity.
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9 December 2024 | 166 replies
Sourcing of funds is 100% required, every time.
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1 December 2024 | 5 replies
I'd reach out to Shona Lepis with She's Got Assets if you're looking to source insurance companies.
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5 December 2024 | 5 replies
Some homeowners have had success removing PMI after demonstrating that substantial improvements were made, but this is more of a gray area in the guidelines for HomeStyle loans.Fannie Mae Servicing Guidelines: It’s always helpful to go directly to the source for clarification.
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2 December 2024 | 11 replies
There's no true data source that aggregate all the data that you look for (at least to my knowledge).
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8 December 2024 | 21 replies
I do know that there are other sources to pick up knowledge.
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29 November 2024 | 18 replies
So you tell them to open up their ceiling, then they peak around and the source of the leak will become obvious.
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7 December 2024 | 150 replies
Joe,Actually purchasing on BPO or UPB is pretty evenly disbursed among the sources.
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30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?