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5 June 2012 | 5 replies
Yes, you'll get a bunch of cash at one time and won't be able to deploy it overnight, but the interest expense will again be paid off very quickly from the profits on the new properties you acquire.For cash out refi's, where there is no appraisal target, make sure that you meet the appraiser and politely provide them some favorable comps, highlight the improvements you've made to the property and the amenities in the area, and give them an idea of the target value you're looking for.Issues with LOCs are that they're floating rate, and the undrawn portion can be unilaterally reduced or eliminated by the lender at any time.
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5 June 2012 | 5 replies
There are lots of very simple and effective way to market that you buy houses without spending a lot of money from signs in the yard, bandit signs around the neighborhood, negotiating with a local business that has a blank wall facing a major street (think gas station on a corner) to hang a banner on the side.
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9 October 2012 | 6 replies
All real estate is local, it may be that there or more local properties floating than are still under, it's not to say the other 49% or whatever are no longer in trouble.
4 February 2013 | 6 replies
With ID theft on the rise i really dont want my picture and ID card floating around out there without some sort of guarantee that the information and picture are protected.
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23 September 2012 | 7 replies
It wasn't very long ago that there were arguments being floated to pay off the national debt entirely, even with those entitlements.
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27 April 2015 | 47 replies
There is no new disposition or strategy floating around on the street which has not been around for a long time nor pursued thousands if not millions of times.
5 October 2012 | 5 replies
So it might be fixed for 5 years, then begin to float at something like 1yr treasury + 3.25% (referred to as a 5/1 ARM).Google the BP site for "portfolio loans" to get more information.
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19 October 2012 | 15 replies
Yes I received some of the lost income in the insurance payment; BUT I still had to float several months before that came through.Reserves are so very important.
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23 July 2007 | 2 replies
I am interested in getting started in REI and I am tired of floating with the idea.
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20 September 2007 | 6 replies
Here is the word doc. that he forwarded me for how the process would work: [i]BANNER BUSINESS SOLUTIONS LLC 1401 Elm Street Suite 4737, Dallas TX 75202Chief Operations Officer: Dwight DilworthPresident of Marketing: Otis Tucker 214-213-7868PROCESS FOR INVESTMENT PROPERTYLocate property that meets investment requirements.