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16 April 2019 | 0 replies
Hello everyone,I'm meeting with the seller's realtor to view a property in a suburb of Charlotte, NC and I wanted to ask you all what kind of questions you have asked in the past to find out good information about the area and property.Here are the points I already plan to hit:Why is the seller selling (Always a go to)What's your opinion on the rental market right nowWhat's your opinion on the real estate market right nowWhat would you say is the reason this home hasn't sold yet (28 days on market)Do you live in the areaWhat do you like about the areaWhat I'm trying to think of is more thought provoking questions that will get the realtor to reveal his true feelings about the area.The reason I'm prying is because it is a relatively small town with pockets of higher valued houses but there doesn't really seem to be any rhyme or reason.
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26 April 2019 | 19 replies
If you had a source of private lenders, you could do it.
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19 April 2019 | 11 replies
I even have similar language in my private loan docs.
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19 April 2019 | 8 replies
You can pay monthly as well... though if you are using private or hard money they will want a 6 month to year premium paid up.
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17 April 2019 | 1 reply
portfolio lender might pick it up as a package if not, then find hard money or private short term, gap, then refi as a package
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17 April 2019 | 2 replies
Frank is correct, the other three properties you must have 25% down for traditional financing, although you could maybe seek out private financing.
17 April 2019 | 3 replies
This question is a little too general to answer with one loan option.Alot of it depends on how you get the property, if from auction or wholesale they generally want cash, so you will go hard money or private funds, and then do the refi.Different loan options for different strategies, if your going to live in it, that 's the easiest and cheapest financing.I'd suggest describing how your going to be buying a house and then ask out how to get that house.
18 April 2019 | 5 replies
I'd figure at least $5k, just to be safe.Unless you've got private money (who has an incredible amount of trust in you), you're never going to get a 0%-down loan on an investment property.
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20 April 2019 | 96 replies
Without going to private money, the 2-4 plex is in my price range at the moment.
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17 April 2019 | 4 replies
At least 2,600 victims invested their retirement savings, totaling about $400 million.Shapiro siphoned off $35 million for his own benefit, according to prosecutors, spending $3.1 million for chartering private planes and travel, $6.7 million on a home, $2.6 million on home improvements, $1.8 million on personal income taxes, $1.4 million for his ex-wife, and more than $672,000 on luxury automobiles.Roseman received $2.5 million for himself and Acevedo received $1.1 million, prosecutors said.The Securities and Exchange Commission’s previous enforcement action in 2017 was settled in January for a total of $1 billion in penalties and disgorgement of ill-gotten gains, the agency said.