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5 October 2008 | 9 replies
:roll: A D&B number isnt rarely used for conventional financing, it is mostly used to establish trade lines with suppliers, cell phone service and very rarely used for loans.
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4 September 2008 | 4 replies
The Assignee either pays you at any point along the way, or at closing, which ever you have negotiated.
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8 September 2008 | 2 replies
Whichever the seller is most comfortable with.
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17 September 2008 | 5 replies
You obviously have something in mind but since I am not clairvoyant I have no way of knowing what you are going to do with whichever one you ultimately choose.
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26 October 2008 | 19 replies
As Wheatie indicated, the best deal you will likely find is 80% of contract price OR appraisal value, whichever is LOWER.
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2 November 2008 | 5 replies
. * I would go to 50% ARV on Rehabs.Ideal CandidateStrong income, Strong Credit, Strong Financial AssetsHands OffIf you have money as collateral in a Commercial bank......They will work with you.They will loan 80% of appraisalIt would be helpful if the bank would refinance these loans once the repairs are completed.Also, it would be helpful if lease options were structured as Fair Market Rent plus more as an option payment.Example:Market Rent = $1000 pmOffer $950 pm plus $200 pm as option payment (subtracted from future purchase price)Future purchase price can be tied to a future appraisal OR a set figure, whichever is higher.Ideal location of homes for tenant buyers - STRONG EMPLOYERS in the area that are recession proof.Consider not giving an option to purchase, but a Contract for Option to Purchase.
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2 October 2008 | 0 replies
It seems both of their cell phone numbers have been disconnected.
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5 October 2008 | 4 replies
It seems both of their cell phone numbers have been disconnected.
29 October 2008 | 24 replies
I don't have hardly a tenant that doesn't have a cell phone, cable TV, etc.