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17 November 2016 | 11 replies
Assuming worst case, I could end up with a mortgage and apartment payments which would consume about 50% of my monthly income.
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21 December 2017 | 9 replies
Showing is often the most time-consuming so if you're doing that already, why not just have them apply online using cozy.co as people suggested above?
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26 February 2022 | 69 replies
Negotiate a favorable Equity stake in the Development profits 8-10+% Equity on project :Exit Will be in Profits from 100+ Residential Townhomes/SFR New constructions which will gross around 70-100k per unit however, try and negotiate stake in forever mailbox money of commercial aspect of projects After Construction Value 60-70mil+ PP $6-$7mil Would love to talke more about your hypothetical problem of deployment
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7 December 2019 | 1 reply
Average equity sitting in homes is very high compared to before the crash.My main concern is how much consumer debt is now held in Student loans which cannot be cleared with bankruptcy.
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18 December 2019 | 11 replies
They are now forever priced out while I have a 10 building portfolio.BTW, just to contrast my Luck with another investor I know who invested in 2 Condos in Manhattan, he got UNLUCKY with those Investments.
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25 November 2021 | 31 replies
@Chad Pantel It took us forever to get the container built out to the point that we moved it on site and incurred some additional storage/warehouse fees (I would highly recommend having an indoor location to work on the container if only doing a moveable one box unit, a multi unit home could be done on site).
3 December 2018 | 8 replies
This was meant to be my "forever" home--it only became a rental because I moved into my spouse's house.
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22 November 2020 | 42 replies
True, the commercial (non-residential segments) properties SEEM like the future is forever changed.
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26 October 2020 | 4 replies
You should consult with your attorney about it as well as an underwriter and MLO since it appears a portion of the payments are going to provide the buyer an equity interest and therefore make sure you meet FDCPA, CFPB, RESPA and consumer finance laws.These are very High risk for both parties- for example if they trash the place and walk away, you basically will have very little recourse and could be stuck with a home that needs a lot of repairs and is underwaterFor them if you were to ever stop paying the mortgage the property could be foreclosed upon and they lose everything they paid.This is why I would not recommend this type of arrangement
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22 August 2020 | 13 replies
Getting registered just means that the contractor complied with that part of the PA Home Improvement Consumer Protection Act (HICPA); based on my observations and my reading of that law, far too many contractors only comply with the registration aspect and not the rest of that law.