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8 September 2018 | 11 replies
The further risk to a bank's image/brand in being opportunistic in this regard I see as another motivating factor here.Examples welcome though!
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11 August 2018 | 3 replies
My issue is my properties are currently VA military backed loans and after talking to one of the banks who holds mortgage to 2 of the remaining 5, they informed me the value of the loan would be due during transfer, because the LLC is not a military member voiding the backing of the loan if i attempt to do a quick claim deed.
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10 August 2018 | 0 replies
In the early 2000's, motivated by a philosophy of "Power to the people", Richard Barton founded co-founded Expedia, Zillow and Glassdoor.
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12 August 2018 | 9 replies
But the remaining two questions will dominate the discussion: 1) Where are you getting your debt (and what experience do you have with that lender) and 2) where are you getting your equity.
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10 November 2018 | 13 replies
How do you stay motivated in a tight market?
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10 August 2018 | 0 replies
I’m in Frisco -Carrollton - little elm Texas areas
Looking too be of value , assisting a seasoned investors.
Shadowing , physically working - open too almost any reasonable request while shadowing .
Dallas , Texas i...
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14 August 2018 | 7 replies
Thanks BP for the information and motivation to take Action.
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16 August 2018 | 14 replies
Those areas work for me and fit my goals so I don’t have the motivation to go learn Raytown.
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12 August 2018 | 2 replies
Hello all,Its this guy with a forum post to enrich you with my introduction. I am a 25 year old IT professional. I currently hold the title of Sr. Network Engineer | Project manager. I started my IT career as an overn...
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2 September 2018 | 1 reply
Assume an accredited investor and no securities law issues for simplicity.1) Homeowner pays for a legitimate appraisal.2) Homeowner grants the right to Investor to receive 10% of any appreciation above the appraised value when and if the house is sold.3) In exchange, Investor pays the homeowner an amount equal to 10% of the appraised value, with 20% down and the rest on an interest-only promissory note held by Homeowner.4) The note bears interest at Prime + 0% and does not have any origination fees or prepayment penalties.5) The investor gets credit for 10% of the eventual net proceeds from sale with the net being 10% of net sales proceeds less the remaining balance of the loan.6) If the investor defaults on the loan and fails to cure the default, the claim on the equity is forfeited.7) The homeowner remains fully responsible for costs of maintenance, insurance and taxes, but this is offset somewhat by the interest on the loan and the cash received upfront.8) Presumably if there is a gain beyond the homeowner's basis, there is no tax for now unless the proceeds exceed $250k for an individual or $500k for a couple.