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20 April 2015 | 7 replies
Thx @Mark Brogan@Alpha DiawaraThe name of the game in residential real estate is cash or termsWholesale deal no, no equityList w agent deal, no, seller Will need to pay costs so including commissions closing costs so is concessions holding calls repair costs, say 10% of value, if accurate price is 390,000 that's 39,000Sub to, you can't buy any equity and rent equals PITI payment = no cash flowWrap around, noJoint venture with the seller, noContract for deed noLease option assignment only solution, get out of this no equity deal with no cash flow and minor repairs
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19 April 2015 | 3 replies
@Domin Car,I have been able to negotiate with my local portfolio lenders to agree to supply loans on properties that are outside of the geographic region.I would encourage you to talk to some local portfolio lenders (i.e. bank loan officers) in your area and explain your venture and bring your professional portfolio to show them how you have successfully operated those in the past.With the line of credit that you should be able to pull from your other properties and depending on the leverage you're looking to position, you may have a good case for a lender to work with you if you ask enough people.Good luck!
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29 May 2015 | 5 replies
Divorce and pre-nups are rarely a DIY when significant assets are involved.
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17 October 2018 | 85 replies
Venture capital burn rates are at a all time high with lofty valuations for these new start ups.
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24 April 2015 | 3 replies
I like taking calculated risks, I've left six figure jobs twice to peruse my dreams, fortunately I have a wife that believes in me and that I will not harm our family in my ventures.
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25 August 2015 | 7 replies
Wishing you success on your venture!
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28 April 2015 | 14 replies
Wishing you all the best on your real estate venture!
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21 April 2015 | 8 replies
Good luck on your ventures.
21 April 2015 | 0 replies
etc) America's troubled economy with 1/3 population permanently unemployed, many tenants get their landlord cited for violations (ie, any and all work without permit which nowadays thanks to DIYers, seems to me in this area at least, most every home has some level of work ie, DIY electrical work, decks, summer kitchens, etra beds/baths, etc for which a permit was never pulled.enter multi-level lease holdover!
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28 April 2015 | 9 replies
Aloha Everyone, coming at you from you guessed it, Hawaii. Just a little about myself: I'm happily married with 4 beautiful children (ages 11-22 years) and 1 darling 1 year old grandson. I grew up in Monterey, lived ...