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13 December 2024 | 4 replies
You can also sell them on sites like paperstac, debexpert or others as well as brokers like Mission Capital, Rams or Phoenix.Depending on quality of paper and interest rate will determine sales price - also I would say self servicing can have a negative impact on the sales price as the major players in the space are not fond of self servicing.
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13 December 2024 | 4 replies
Is using a self-direct IRA to fund this venture a way to defer taxes until retirement ?
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31 December 2024 | 66 replies
It's to easy to dig a hole for your self on good intentions.
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15 December 2024 | 18 replies
I have a few reasons for this. 1) We are both self-employed and our income is inconsistent. 2) We don't want to impact our DTI, because we are planning on buying a house hack within the next year or so.We would be open to going up to 6 units for our first property as long as it's within budget.Now that you have some context, is it possible for a rookie to use a DSCR loan on a duplex or triplex?
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17 December 2024 | 42 replies
What is being confused in there is some of the lost note affirmative defenses that have come up in foreclosure suits along with a gross misunderstanding of the ramifications of the "Robo-Signing" of 2010.
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13 December 2024 | 5 replies
25 y/o and in the process of being a self taught real estate investor.
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4 December 2024 | 6 replies
I suggested that the agent represent themselves --- that suggestion started a lively discussion on the subject of self-representation on real estate deals.Do you self-represent on real estate deals where you are the buyer/seller?
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9 December 2024 | 1 reply
And might be everyone, like your employee, your mother, your friend or even yourself.Human is, and will always be, the weakest link of your defense line.
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16 December 2024 | 7 replies
I purchased a larger Self-Storage/Office property in FL where the son's of the original owner wanted bright shiny new office building, not Dad's old junk.
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13 December 2024 | 6 replies
If they do not qualify because of poor credit or income issues compared to being self employed etc there are differences - but typically people don’t qualify due to poor credit and people will seller finance to these borrowers thinking they woke up at a holiday inn and got a finance degree when in reality they repeat their past mistakesRemember the definition of insanity is doing the same thing over and over again expecting a different result