26 June 2018 | 6 replies
One CAN figure out approximately how much a property sold for even if it's not listed in the records: extrapolate the transfer taxes (state/county/city) and multiply out.Just an aside: I remember back in the day when the appraisals were coming in short in an appreciating market (something like we have today) we would ask the buyer to pay MORE money for the transfer taxes (no law about not paying more taxes) and it would help show a higher "sales" price and help 'push' up the comps--not recommending you do that now--much more data available for all eyes.But I would recommend that you buddy up with a like-minded realtor, and work out a mutually beneficial arrangement so you can get the info you need, and they can get listings, sales, referrals, etc, that they need.Better yet, get licensed yourself and get to know the business from the inside out!
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22 April 2022 | 37 replies
Its not assured you should just hold on always and forever.In short, RE is much like other forms of investing.
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21 July 2018 | 5 replies
I think missing over it is an easy, short term fix.
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29 June 2018 | 22 replies
Not a bad jump into investing option with the intent of a refi a short time later.
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29 June 2018 | 42 replies
I have never been involved with such an elaborate scam unfortunately I pulled the short straw on the investor gamble.
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29 June 2018 | 2 replies
You just have to make sure that your property is rented and meets the 1.2 debt service coverage ratio with the rental income it brings before you apply for the refi.I am assuming you are planning to buy with your own cash or some form of short term private financing.
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3 July 2018 | 5 replies
My short-term goal is to get into flipping.
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27 June 2018 | 2 replies
(Wholesaling, Lease Options, Subject To, Short Sales, Loan Mods, Wrap Around, Owner Financing, etc.)
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27 June 2018 | 3 replies
Hey @Theodore Bullock short answer is no.
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27 June 2018 | 6 replies
If you find something that fits your criteria make a very strong offer price wise and make a short inspection period to make the offer more enticing to the seller.