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7 December 2015 | 6 replies
We are aware of the permits, utilities, and drawings and such that needs to be done to make this happen and the approximate cost to make these improvements.
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28 December 2015 | 8 replies
Just search some of the marketing forums on BP to see what marketing strategies other investors are utilizing today to fit your investing strategy.
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.
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7 December 2015 | 18 replies
Is he up to date on payment of utilities?
7 December 2015 | 1 reply
What's a good formula to utilize, for an Investor to be satisfied with a wholesale dealor AKA..
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7 December 2015 | 1 reply
I enjoy fishing,family,sports,and working on the computer.
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9 December 2015 | 14 replies
We didn't set out to look for one, but we've utilized it since we've been here.
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9 December 2015 | 7 replies
Transparency is probably the best weapon a wholesaler can utilize to combat the possibility of an investor suspecting unethical or incompetent behavior.
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8 December 2015 | 8 replies
Depending on your personal goals, there may not be enough of a spread between what you will pay out monthly in mortgage, taxes, and utilities and what you can charge.