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31 March 2024 | 11 replies
Likely finishing the process before anyone else has the chance to even see the original data source, giving your the first mover advantage.There is a lot of hype around AI and I have seen my fair share of BS.
2 April 2024 | 8 replies
Your new 30 year will #1 ) be for less than your original mortgage so payment will be less in amortized monthly payment #2) your payment will be redistributed to 30 years over which - again - lessens your payment.9.
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1 April 2024 | 6 replies
Then we notify #1 that we have a 2nd buyer with no contingency and they have X amount of time, whatever was originally negotiated to remove it and pay additional earnest money.
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1 April 2024 | 10 replies
He wants to act as property manager to not appear to be the owner to tenants, you knew this when you answered.
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1 April 2024 | 11 replies
The best way to answer this question is to look at the square feet of the home and how many can comfortably fit in the common areas...i.e. dining room, living room, outdoor spaces, etc.
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2 April 2024 | 32 replies
The step-up cost basis resets the cap gains starting point to the value of the property when the heirs inherit it versus its original purchase price.
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31 March 2024 | 23 replies
The answer to this question will give you so much information about the PMIf they don’t know, and can’t find out easily, it tells you that they don’t track this stuff.
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1 April 2024 | 14 replies
To answer your question: for a relatively small multifamily (I would label this about 20 units or less), yes it is common to not get financials until LOI, and there is very limited information that can be derived from sellers financials that should effect value anyways, because how they operate is probably very different than how you will operate.
30 March 2024 | 24 replies
Hey Mike, to answer your question, "So if you could answer what exactly a point is..."
30 March 2024 | 17 replies
Originally posted by @Miguel Maria:...