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7 May 2006 | 3 replies
Theyhave been pumping so much money into the economy to prop itup, its time to slow the expansion down before all that cash comesback on shore and haunts us in the form of outrageous inflation.Of course I believe the whole idea behind NAFTA, GATT, CAFTAFTAA, massive trade deficits, and this foreign outsourcing is to keepall that cash offshore so as not to tank our economy A revealing discussion on the expansion and contraction of the monetary system can be found in a publication called “Modern Money Mechanics” put out by the Federal Reserve Bank of Chicago.
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19 November 2006 | 3 replies
Going off the numbers above the profits would be best case 18% and worst case 2%.So if everything goes perfect, you sell it for $250,000 FSBO in less than 3 months after only taking 1 month to do all the repairs, financing it with a low fee, line of credit or bank loan, and no unforseen repairs then you will make about $45,000 profit if you buy if for $175,000 minus repairs.Now if it turns into the rehab from hell, you still have to sell it for $250,000 but after taking 2 months to fix things you didn't budget for and trying to sell it FSBO for 3 months, you decide to hire a realtor who then sells it 3 months later so you can pay off your hard money loan then you will only make $5,000 profit, but you would still have to buy it for $175,000 minus repairs.
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11 February 2007 | 3 replies
Not only is marketing to people facing foreclosure perfectly legal in Texas, I'd recommend it.I have this irratating habit of asking why when told that I can't do something.
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30 March 2007 | 10 replies
These cycles are in different stages in different areas of the country and so in some locations, it's perfect to be flipping properties because the market is still strong and values are not falling apart like they are on the coasts.
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28 June 2007 | 11 replies
There is not as much overlap as some would think.Being an agent might be perfect for you.
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18 April 2007 | 5 replies
my name is chris and perhaps we can venture together and learn the ropes. i am taking my dre on may 25th for my license. my grandpa owns a business as well as owning the commercial lo ts, his son (my uncle) owns a architectual design business, my grandpa also carries a contractors license, so i am trying to learn the financial and planning side of it. i am also in business with The Mili Group, i highly recommend attending, it provides a great business opportunity as well as education, perfect for newbies in the indusry.
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29 December 2007 | 66 replies
Hence the above structure is not perfect in all states.
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17 April 2007 | 1 reply
In a perfect world, I'd like to get a loan for the price of the house AND the cost of repairs.
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18 April 2007 | 5 replies
My questions centers around the fact that the home was built in 1986 and has a WELL and SEPTIC TANK.
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5 May 2017 | 5 replies
If they don't have it directly, the Foundation for Community Association Research, their think tank will.Of course, you probably solved this problem a long time ago, but I wasn't around then.