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31 March 2015 | 3 replies
I have 6 individuals interested in lending to me and I hope to demonstrate that we can help each other.My thinking is that I provide my track record, the resources at my disposal, my ideas for buy and holds and flips/buy and hold and future prospects.
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27 March 2015 | 3 replies
Hi @Adam WorthNote I'm not an expert negotiator but have been doing sales for a while now and since I'm still very young I'm noticing that the results you seek out of life comes down to how well you negotiate lol from buying a car, going on a date to everything (at least my experience lol) But this in one of the reasons I truly love Real Estate there's so much information out there for your disposal that you can justify the offer your going to make regardless the amount.Since he's your neighbor don't feel like you're going to insult him because you just never know what that person is going trough in closed doors a ridiculous offer just might make his day especially if he can't financially keep up with it or it's stressing the person out.Regardless just be prepared with facts baking up the offer your making, you can do this buy talking to a Realtor to get a CMA to see what has sold and get a ARV since his home is similar to yours, since you mentioned he overpaid this tells you that he might be underwater or have no equity this gives you an opportunity to ether lease option or some type of seller financing.
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10 April 2015 | 3 replies
@Jason Henry just go to the bank where you have your money deposited and ask them for a letter that says you have $X at your disposal.
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24 July 2015 | 5 replies
Big banks have more resources at their disposal and generally have more money so they can theoretically offer better rates.
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29 May 2016 | 10 replies
Acquisition phase, maintenance phase, disposition phase (if I'm remembering the terms for the 3 parts of the cycle correctly).If you're early on in career and looking to increase portfolio, should cash out and buy more with relatively high leverage (while being sure to have solid cash reserves on the side of course).If you're middle career and looking to just maintain portfolio and don't need cash flow from properties, then focusing on building equity in existing properties by using cash flow to pay down loans make sense.Then end career dispose of assets and the sweet equity you hopefully built up by selling outright or owner carry or whatever.I personally would cash out and buy more with leverage, but that's someone in acquisition mode bucket talking.
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18 August 2015 | 26 replies
YOU "So its going to take you 3 days to remove and dispose of debris air out and what else are you doing for your $5000?
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7 April 2015 | 5 replies
Check out this prior thread, I made several posts about how to use a pay-for-delete letter, which in my opinion, is the most powerful credit repair tool at your disposal.
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17 May 2016 | 6 replies
Welcome @Mario Perez as others have posted there is a wealth of knowledge within this forum at your disposal.
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27 May 2016 | 5 replies
Electric company believes the tenant may have removed to turn on the power, damaged the box, and disposed of.