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11 January 2024 | 52 replies
Chris Reeves,If you have a very large brokerage with lots of people to offset the cost then it might make sense.See if they have a no contract trial where you can cancel in a few months if you do not like what you see.
28 April 2013 | 1 reply
A clinic is being run out of the facility and it is generating rental income but due to the BofA loan everything can be put in jeopardy.
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9 October 2013 | 17 replies
It's the end-buyer's job to determine this and for the wholesaler to figure out through either asking or through trial-and-error.Some end-buyers would likely be happy with 75%.
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7 January 2014 | 26 replies
There is a bit of trial and error here, unfortunately.
17 July 2014 | 16 replies
That is why I recommend people look at their first 5-10 deals as a part of your training process...and if all your split was from every deal is 10-20% of the profits you'd till be making out because of the experience you will gain.Generally the experienced investor will have tons of relationships in place that you will be able to leverage that will save you 10,000's in time, money, and trial and error.Hope that helps...PS The best thing about a mentor in your local market is a great mentor will know the market well enough to know a deal without having to use guess work, they typically understand the little differences in neighborhood that might cause a radical drop in house values of homes that might look like deals, but are really "Money Pits".
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27 August 2015 | 7 replies
Also, the servicer cannot start the foreclosure process if a loss mitigation application is pending.If you submit a complete loss mitigation application to your mortgage servicer after the foreclosure has started, but more than 37 days before a foreclosure sale, the servicer must stop the foreclosure process until: the servicer informs you that you are not eligible for any loss mitigation option (and any appeal you make has been exhausted)you reject the workout option that the servicer offers to you, oryou accept a workout, but fail to comply with the terms of the deal (such as not making payments during a trial modification).Now...that's the law, but let's talk about reality.
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8 January 2017 | 122 replies
Some times I look back at my real estate investing career and reflect - it really wasn't easy (glad I had a wife to support me when things didn't go as planned) - the seminars - the courses - the books - all the good advice and the useless classes - it seems as if I was always looking for and chasing the next secret formula to real estate wealth - the short cut to the big profits - it was like a big game TRIAL AND TERROR!
14 March 2018 | 8 replies
Is finding reliable people in these areas when moving into new markets a pain, where you have to go through lots of trial and error, or does networking or something else generally take care of this issue?
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13 August 2017 | 16 replies
I may be completely off the mark here, but it feels more reasonable to have my trial by fire be in the less risky way as my initial venture(s).