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9 October 2018 | 0 replies
The borrower should always ensure they have a solid estimate of how long their project(s) will take and run various scenarios of numbers to select the most optimal terms.
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16 October 2018 | 6 replies
Insurance companies want you to be proactive to limit the amount of damage that occurs.Have a contractor assess the damage inside and out and provide you an estimate.
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10 October 2018 | 6 replies
Should I show them just what the Zillow estimates are for a couple of properties?
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17 October 2018 | 8 replies
I have stayed pretty up to date on material costs, and do not think I’m over estimating myself out of deals.
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17 October 2018 | 6 replies
@Cassidy Burns The programs I have on my list are called:Baltimore Housing, MD - Block Grant programAndBaltimore, MD - Vacant to Value Booster programJust let me know if you want any more details!
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10 October 2018 | 2 replies
I have stayed pretty up to date on material costs, and do not think I’m over estimating myself out of deals.
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20 October 2018 | 16 replies
There are several other important small details with a series LLC that a non-lawyer or a lawyer who is not an expert in series LLCs may overlook.
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20 October 2018 | 14 replies
You take a risk which could result in cancellation of your title insurance and complete loss of your real property without compensation in the event that a title issue regarding your real property arises.Contact your title insurance company to determine coverage and if your policy does cover transfers , and when or how.DOS - The transfer most likely will trigger the Due on Sale clause (DOS) - a detailed resource on Due on Sale you might want to read is: the-truth-about-getting-around-due-on-sale-clausesAlso, these threads might be worth reading:386043-bank-called-my-due-on-sale-clause183825-due-on-sale-clause-was-called-by-bank232247-due-on-sale-clauseThen, if you choose to proceed, at least you'll know what you getting into.
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10 October 2018 | 0 replies
I suggest finding the right people and putting together a long term plan of attack.There isn’t one magical property, or investment that will not have its ups or downs.Safety comes in numbers and every property you buy needs to get you a step closer to achieving your end goal.Focus on the fundamentals of the deals and the numbers within themUnder estimate your income and over estimate your expenses Forget about capital appreciationThanks for your attention and I"m looking forward to hearing your thoughtsYour favorite AussieEngelo
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13 October 2018 | 5 replies
They would tend to be conservative on the estimate, I would imagine.