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17 June 2018 | 4 replies
I'd like to terminate my exclusive buyer's representation and agency representation ahead of the date in the agreement I originally signed.I don't necessarily want to get the agent in trouble, I just want to be released from all agreements with her and her brokerage (she is not the broker, just an agent working for a broker).
16 June 2018 | 1 reply
Howdy all, I have been having a lot of luck with assigning homes and connecting with buyers/sellers.
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19 June 2018 | 5 replies
I'm also looking for local lenders that can help our buyers get long-term financing for rental properties and for doing cash-out refinances when we do the BRRR strategy.
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26 June 2018 | 4 replies
So this means if you're buying a 3-4 unit property and you're trying to be the non owner occupant coborrower and have your partner "live," at the property then you'll be limited to 75% LTV (AKA means you gotta bring in 25% down or the difference).FHA had too much fun with straw buyers doing this in the past so they came up with this rule to protect themselves against this issue.
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19 June 2018 | 1 reply
I have an offer of 500k on the property currently but the buyer needs to owner finance.
18 June 2018 | 3 replies
Also, when the first contract is signed do you take it to the title company or do you wait until you have the buyer?
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18 June 2018 | 26 replies
In fact, it's standard to "leave meat on the bone" for the next buyer, so they deliberately will not complete every possible improvement to the property, and then the property can be marketed as such to the next buyer, along the lines of "25 units have been upgraded and the rents are $50 higher.
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19 June 2018 | 5 replies
I have been experiencing awful conditions as a buyer, expected to pay record low cap rates AND accept giant material defects, quickly and with cash!
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18 June 2018 | 6 replies
I am a first time home buyer that is in the market for my first owner occupied duplex/triplex in the Minneapolis or Saint Paul area (more so, Saint Paul).
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17 June 2018 | 1 reply
My buyer then sold and Assigned the contract to another buyer who assumed the terms.