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1 December 2008 | 4 replies
We have a couple of generations of people alive now who've become accustomed to their house doubling in value every 10 years or less, and effectively funding their retirement with appreciation of their family home.
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20 October 2008 | 6 replies
You'll have to double close.Very difficult to get conventional financing with a double close because the end lender will figure out you (the seller) don't actually own the home.
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28 November 2008 | 9 replies
Do you have to disclose to the lender if you want to double close
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24 October 2008 | 1 reply
However, what is the best way to find an equity partner, or a partner who needs to put cash somewhere for a double digit positive return, lending investor, etc.
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19 October 2008 | 4 replies
No unit has major damage.. 11 2 bedrooms, 1 3 bedrooms.
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24 March 2009 | 13 replies
My apartment has only just finished and the rental return on it is doubling my mortgage payments and other outgoings.
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21 October 2008 | 9 replies
Pitfalls are not selling the house before your lease it up (have it revert back to the seller) or having the tenant trash the place, (make them responsible outside of reasonable living conditions, or take more of a downpayment), or double closing in the end, which there are a few ways around as well.Its a good strategy, if you learn from someone who is doing them, currently, and is watching changes in laws, etc.
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20 October 2008 | 0 replies
note: this is the paragraph I read in wikipedia in their article about double closing: "To simplify the transaction, the middleman may make one settlement statement directly between the purchaser and seller and take his profit as a line item on the settlement statement.
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9 February 2009 | 22 replies
However, some Realtors can be quite deception in their descriptions and you end up at a house that you thought was a 3 bedrooms that turns out to be 2 bedrooms with a really big closet.The other key element to being a great Realtor is being a great negotiator.
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14 December 2008 | 14 replies
I already know what they will pay for a 3 bedroom house in this area that needs this much work.