6 September 2016 | 5 replies
Whether assigning or using a double closing, the transactions taken as a whole are really an attempt to squeeze more compensation, for what is brokerage activity (with a fig leaf of equitable title) or as a maneuver to make net listings, otherwise illegal, legal.
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6 September 2016 | 2 replies
Getting approved for a loan is difficult given my current debts but have a lot of liquidity to offer.
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7 September 2016 | 2 replies
Outside of saving up for downs of 10-20% prior to looking for another property is the BRRR strategy the best option due to its debt leverage?
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7 September 2016 | 6 replies
The two risk factors I see in this scenario are: The Class A- property allows me to leverage my cash into a better property in a better neighborhood minimizing the risk of higher vacancy rate, the need to rely on subsidized rents, and getting a better qualified tenant mix for the long term, minimizing the possibility of fewer headaches.The Class C/C- property comes with a lot more cash flow due to there being no debt on the property, however it also comes with a lot more risk in the form of all the issues that come with renting a C/C- property and there seems to be a lot of them.
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14 September 2016 | 8 replies
Still got a decent amount of debt to pay back but I am cash flowing pretty decently right now.
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6 September 2016 | 0 replies
if you have less than 1,000.00 under your name, and owe almost 100,000.00 in student debt, and have a terrible credit, and income is not stable... where do you start?
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11 September 2016 | 3 replies
Maybe someone with legal experience can chime in.
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20 September 2016 | 17 replies
Otherwise whoever you sell to if they get sick they could come back and sue later on etc.Anyone can sue but they might actually have a case for concealment if you knew of the mold yet tried to repair it cheaply and improperly which caused them to become ill.No legal advice given.
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19 September 2016 | 24 replies
You lose tenants and your rental income goes down dramatically and you can no longer pay the debt on your mortgages without dipping into your savings.
10 September 2016 | 10 replies
What's the legal procedure I could do that?