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3 October 2015 | 5 replies
Something like that would be a dream come true in certain locations of Austin, and it probably exists there (and has probably already been bought by an investor).
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2 October 2015 | 1 reply
Hello. Im looking to buy my first 3unit home. Its currently fully rented. One of the tenats expressed her intentions to move out if a new owner wants to occupy a unit. Im planning on letting her stay 60 days after the...
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2 October 2015 | 0 replies
https://www.biggerpockets.com/blogs/5110/blog_post...The only circumstances in which a borrower with an existing FHA insured loan for a principal residence may obtain another FHA insured mortgage on a new principal residence.
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6 October 2015 | 22 replies
How do I help the seller by offering them my max allowable offer,which is likely to be less than their existing mortgage?
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8 October 2015 | 33 replies
You want me to give you a statute that says "selling a property for more than 25% of its value is predatory dealing" That doesn't exist, I'm sure.
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19 October 2015 | 36 replies
Me and my brother purchased a 1941 4-unit in Silver Lake (Los Angeles) back in 2003 for $560K (top of the market at the time, it needed major renovations, and we had to get rid of the existing tenants -- 3% down, 6.5% interest 30 year fixed).
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6 October 2015 | 21 replies
That is about 3 feet below the existing ground so I'm going to be paying flood insurance.I also learned some things about 1031 exchange.
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30 October 2020 | 16 replies
I have been repeatedly requesting documentation to paper up this transaction showing altisource has the power and authority to act on behalf of the trust that owns the property with little success.Seller is now 6 days in breach of contract and claiming they have no paperwork to provide us (even though they have claimed this before) although I know for a fact documentation exists as they have provided another trust instrument.
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4 October 2015 | 2 replies
., the court found that in determining unconscionability, the trial judge may consider: 1) the amount of the proposed rent increase; 2) the landlord’s expenses and profitability; 3) how the existing and proposed rent compare to rents charged at similar rental properties in the geographic area; 4) the relative bargaining position of the parties; and 5) based on the judge’s general knowledge, whether the rent increase would shock the conscience of a reasonable person.In my opinion if you're basing the increase on market conditions and not on trying to take advantage of anyone or increase the rent as a way to eliminate a tenant you'll probably be fine.
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6 October 2015 | 16 replies
As a new investor, I encourage you to make a small investment in your career and grab a resource I wish existed when I began my real estate journey.