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14 December 2015 | 14 replies
LOLA highly desirable product does not last into being finished and empty in my business model.Set your goals much higher!!!!
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6 December 2015 | 14 replies
All that does is slow you down, and quite possibly stop you dead in the water...with no chance to move forward since the are you are investing in won't allow for the reuse of funds.Also, never invest in opportunities.
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7 December 2015 | 3 replies
Congratulation on your decision to "step out", after being in conventional real estate for so long, it is a big decision to want to be more productive, earn more, and build a portfolio of profitable properties as a real estate investor.It is difficult however for agents/brokers to change hats, to forget the old ways of doing the conventional real estate business and to get educated on the creative ways to control and roll real estate.I commend your decision to do so.One Broker to another, if you need some suggestions, just give me a call.Good luck.
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4 January 2016 | 3 replies
I'm a big fan of how the product you offer is so inclusive of many of the services someone in that position may need.I'd be very interested in seeing some examples of the direct mail pieces you are sending out.
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7 December 2015 | 11 replies
I admire and have lots of respect for anyone who is in business for themselves, it's not easy to keep your head above the financial waters, while paying taxes, taking care of production and baby sitting employees.As business people this is why we need real estate to shelter our business income and to have a cash flow back-up for the times when cash flow is low in our businesses.Good luck.....Charles
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12 January 2016 | 8 replies
And while there are certainly things you can do with $13K, it becomes difficult with smaller funding amounts to keep things arms length and yet also productive for the IRA.
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14 December 2015 | 6 replies
Personally, I'm still actively acquiring properties throughout the City whenever I get a chance and I have no plans to slow down.
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23 April 2022 | 41 replies
In this case they should have known up front that there weren't going to get paid for such listing which would have brought me back personally to a conversation that I've had with other investors that I work with which is the following:On off market deals in which the seller (no matter who) is not paying a commission I'll work either two ways but first off let me say I won't bring you the deal unless you're going to give me the listing when it comes to retail (the finished product) so that's that.
10 December 2015 | 2 replies
A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.50% + 0 pointPresently: L5 Resi Owner-Occupied 5/1 ARM No Point Product is set at 2.50% therefore, the CML Non-Owner Occupied 5/1 ARM rate would be1) 2.50% +1.00% = 3.50% +1 point2) 2.50% +1.50% = 4.00% + 0 pointTerm: Max: 20 yearsAmortization: Up to 30 yearsFloor: The initial rate on the transaction will be established as the Floor rate for the life of the loan.Repricing: At the end of the initial 5-year period, the interest rate would reset to the then 1-year T-Bill Rate (Index) plus 325 basis points (margin)No prepayment penalties requiredInterest Rate Repricing Caps: 2% +/- at each change date; 5% +/- over life of the loanClosing fees: Utilize mortgage calculator fee scheduleStandard commercial real estate loan underwriting guidelines are required (i.e.