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7 December 2015 | 6 replies
We are aware of the permits, utilities, and drawings and such that needs to be done to make this happen and the approximate cost to make these improvements.
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28 December 2015 | 8 replies
Just search some of the marketing forums on BP to see what marketing strategies other investors are utilizing today to fit your investing strategy.
10 December 2015 | 2 replies
A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.50% + 0 pointPresently: L5 Resi Owner-Occupied 5/1 ARM No Point Product is set at 2.50% therefore, the CML Non-Owner Occupied 5/1 ARM rate would be1) 2.50% +1.00% = 3.50% +1 point2) 2.50% +1.50% = 4.00% + 0 pointTerm: Max: 20 yearsAmortization: Up to 30 yearsFloor: The initial rate on the transaction will be established as the Floor rate for the life of the loan.Repricing: At the end of the initial 5-year period, the interest rate would reset to the then 1-year T-Bill Rate (Index) plus 325 basis points (margin)No prepayment penalties requiredInterest Rate Repricing Caps: 2% +/- at each change date; 5% +/- over life of the loanClosing fees: Utilize mortgage calculator fee scheduleStandard commercial real estate loan underwriting guidelines are required (i.e.
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7 December 2015 | 18 replies
Is he up to date on payment of utilities?
7 December 2015 | 1 reply
What's a good formula to utilize, for an Investor to be satisfied with a wholesale dealor AKA..
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9 December 2015 | 14 replies
We didn't set out to look for one, but we've utilized it since we've been here.
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9 December 2015 | 7 replies
Transparency is probably the best weapon a wholesaler can utilize to combat the possibility of an investor suspecting unethical or incompetent behavior.
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8 December 2015 | 8 replies
Depending on your personal goals, there may not be enough of a spread between what you will pay out monthly in mortgage, taxes, and utilities and what you can charge.
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10 December 2015 | 0 replies
I am about to jump into the "pool" of direct mail marketers...yup, as the distressed property owner sorts through his mail, over the trash can looking for utility bills....and throws away all those yellow letters etc....I'm actually going to spend some hard earned money to be one of those letters....with the hope that someone on my mail list chooses to open the letter, or read the postcard and call me to see if I can help them out of their financial situation.I've asked a lot of questions....watched videos....read articles...and given it a lot of thought.I need a list that I can mail to on a consistent basis..I'm thinking once a month for six months...then move on to a new list.The criteria I plan to use:single family and multi family propertiesowned for at least 10 yearshave a trustees sale notice recorded within the last three monthsMaricopa CountyIs this a perfect list?
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12 April 2016 | 9 replies
Keeping in mind marketing and sales is under utilized skill in this business.