Simon W.
Asking Seller to pay for closing cost and escrow fees?
16 May 2013 | 14 replies
Unlikely that they would agree to the tax escrow part though.2) The other option would be to take their number and simply subtract the totals you come up with for closing costs to come up with the new purchase price.
Justin Silverio
What is your best rebuttal?
18 July 2019 | 22 replies
Although you know that your contract will have contingencies that allow you to renegotiate the sales price if you find repair issues later through an inspection.REI Statement: “So when we agree on a price tonight, the only thing you will subtract from that price is the principal left on your mortgage.”
Account Closed
non absentee owners
15 May 2014 | 6 replies
Not everyone agrees, but that's the thinking behind taking 70% of ARV then subtracting rehab and wholesale fee.
Christopher W.
How much to pay private lenders?
7 June 2012 | 59 replies
To find the APR on your financial cal. compute the loan then take the costs of the loan, loan fess and points and subtract it from the PV and enter that as the new PV, then solve for the interest rate.
Demetrius Bradley
Why should anyone use a Realtor
29 April 2010 | 49 replies
The only thing to possibly add to what is stated above is that the realtors can add value (or subtract value) to a property by thier abilities, just as a wholesaler can, or a rehabber can.This, in my opinion, is the only part of things where your arguements can possibly hold water, but the same thing would have to be said about the wholesalers, and rehabbers that you are saying about the Realtors.
Account Closed
Are investors keeping prices down?
17 May 2010 | 21 replies
The problem with any such comparisons, is that they are never truly equal. income/price ratios do not reflect anything because one person is only making enough to survive, while another makes enough to buy two homes and survive.The survival costs should be subtracted out of income to make things equal before comparing to home costs.instead of income/price ratios it should be disposable income/price ratios.And the comparison of these figures will usually give you an indication of where people choose to live: city or suburbs.
Michael G.
Seller wants to know...
28 May 2010 | 9 replies
I am going to kill the bugs as well as assume the responsibility for all of the needed repairs – whether I have seen them already or not.â€Note: By buying “as isâ€, it assures the seller that the “price†is the “price.†Although you know that your contract will have contingencies that allow you to renegotiate the sales price if you find repair issues later through an inspection.REI Statement: “So when we agree on a price tonight, the only thing you will subtract from that price is the principal left on your mortgage.†Note: From the very beginning I want to start talking about the loan and the amount they will receive.
Kevin Kaczmarek
Calling Scripts
29 August 2016 | 19 replies
I am going to kill the bugs as well as assume the responsibility for all of the needed repairs – whether I have seen them already or not.â€By buying “as isâ€, it assures the seller that the “price†is the “price.†Although you know that your contract will have contingencies that allow you to renegotiate the sales price if you find repair issues later through an inspection.REI Statement: “So when we agree on a price tonight, the only thing you will subtract from that price is the principal left on your mortgage.†From the very beginning I want to start talking about the loan and the amount they will receive.
Nick J.
Math Question
13 April 2011 | 84 replies
Precedence rules state parenthesis first, then multiplication and division, then addition and subtraction.
Joshua Dorkin
Time to Redesign The BiggerPockets Influence Point System? Your Feedback Please!
11 September 2011 | 16 replies
There, you're able to add or subtract reputation from someone.