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21 April 2024 | 8 replies
if this is an owner occupied property and the loan was used by the owner to buy the property to live in.. then they are by federal law able to request a 3rd party mediator to meet with them and a representative from the bank and try to work out a re pay planthe issue is many in foreclosure never follow up on this and basically waive their right to this meeting. that would be step number one get into the federally mandated mediation if the owner and the property qualify.
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21 April 2024 | 12 replies
Thanks It depends on the details but you might very well run into "seasoning" issues trying to pull out more cash then you just purchased the property for.
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22 April 2024 | 12 replies
In one year, the US Treasury Dept issued $21 trillion in treasury bills to fund the spending of the federal government (Kobeissi).
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21 April 2024 | 11 replies
@Kingsley Michel Do you want less cash flow, better investment or higher cash flow, likelihood of some issues?
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21 April 2024 | 3 replies
Please give me money details above the oil issue .
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20 April 2024 | 1 reply
So the issue im having is This trespasser comes and goes as he pleases to destroy the property but never stays the night At the property because its CONDEMNED he has cut plumbing lines Gas Lines , cut hardwood flooring broke walls windows removed furnace water heaters etc.
20 April 2024 | 2 replies
The investors I know that use the common approach of putting 20% down and using new loans from a bank are choosing to invest in Ohio, Indiana, Georgia and other less expensives states.However, folks from CA find using creative finance to invest in AZ are making big bucks.
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20 April 2024 | 12 replies
I like that structure if your LP's are good with it and the project supports those numbers.More common syndication structure is 2% acquisition fee, 2% asset management fee, 7-8% preferred return, 70 (LP) / 30 (GP) split.
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20 April 2024 | 1 reply
By investing in quality renovations, I hope to enhance the value and appeal of my home, as well as potentially lower my insurance costs.Strategic Renovations to ConsiderAddressing Four-Point Issues: I've addressed the issues that needed to be rectified before obtaining conventional financing.
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20 April 2024 | 2 replies
@Karthik NatarajanProps to you for doing your due diligence.In many areas, assessment amounts are adjusted upon sale of the property so it is NOT unusual and in fact it is quite common for property taxes to increase significantly for a new buyer.Absent any other data, I’d trust the calculator.You could also call the County Tax Collector or Asssesor to verify the information.Good luck.Arn