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27 April 2018 | 6 replies
Frank's number are based a certain set of standard to do a back of the napkin type calcualtion to see if your pruchase price is around the same as what the owners is stating how the property runs.
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30 April 2018 | 15 replies
Out of those that get accepted is where you dig into the collateral files and match up against the Title report to note any defect in title and confirm the assignment chain.
27 April 2018 | 0 replies
The property is 100% occupied, but I still factor 15% vacancy rate as the Texas standard.
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7 May 2018 | 7 replies
Those come back to bite you if the file gets audited or your loan goes a little sideways.. being un truthful on an app to a bank is not good.
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29 April 2018 | 3 replies
I understand market concerns as well as standard marketing methods, but I am really wondering if anyone has done any effective, outside-the-box marketing that has helped them sell their flip property.
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28 April 2018 | 11 replies
I will file this as a problem I hope to have one day.
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15 May 2018 | 26 replies
His argument is that with the standard of living increasing the availability of birth control etc.
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17 May 2018 | 4 replies
I have an embarrassingly large Google drive file of research on Little Rock and that was further crystallized by my visit there.
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28 April 2018 | 7 replies
In the true multifamily arena Duplexes, Tri-plexes, and Quads are not referred to as multifamily in regards to deal structure, financing structure, and underwriting standards, If you're looking at 5 Units and up your local residential agent may not be the best fit for this deal, you may want to use a commercial broker.
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30 April 2018 | 4 replies
If you are new, you may be held to their standard loans i.e. 15 year term 5 year apr with a seasoning period, but if you are more of a seasoned investor and show a history, they may be more likely to be lenient with their terms.