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13 October 2017 | 5 replies
@Justin FussellGood questions.1) Tax delinquent should have a higher response rate than high equity absentee because absentee is the low hanging fruit that all investors target first and it's the most saturated. 2) Once every 3-4 weeks is optimal.
11 October 2017 | 1 reply
The tax lien (also called a fifa) exists prior to the tax sale and is recorded in the county's lien records - it's an unpaid debt secured by the property.
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13 November 2017 | 3 replies
It has a by-right use of either mixed use (existing) or up to 2 residential units (we're just shy of the lot requirement for 3 residential units).
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6 June 2018 | 8 replies
The existing finances, even with a rent raise, seem pretty tight to me.
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21 October 2018 | 100 replies
He was within $3,000 of the final sales price and it sold to the second viewer in my market which is very over saturated and slow moving.
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16 April 2020 | 1 reply
Hey BP Community. I have a 5 year old tenant who would like to purchase the house they are renting from me in New York State. We verbally agreed to a "Sale Price". The tenant would need me to be the bank for them due ...
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7 June 2018 | 8 replies
@David Lowe Is day care an existing tenant or just an empty space set up for a day care?
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13 June 2018 | 8 replies
The legal premise at work here is, if that wall is existing the house isn’t new, therefore it can’t be given the same property tax bill as new construction.
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2 January 2019 | 7 replies
Hit a snag in my investment goals :Scenario ;I have 85k Saved to invest I made 6 figures in 2018 Have 60k in equity in my existing rental property in Nassau county New York Good Credit BUT ....I lost my job last month and I’m concerned lenders will give me a hard time for not being employed, although I do have a small business that is brining me at least $3000 a month in profit.
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28 January 2020 | 7 replies
Especially if your rate on the existing 1st Mtg is decent.