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19 June 2020 | 2 replies
It took me a little while to get over the discomfort of walking away from a traditional 15-30y fixed rate loan.2) Pick 2-3 of the homes that you are confident that you will own for a long time and have a strong equity position, and do a cash-out refi.
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24 February 2023 | 43 replies
When it comes to owning real estate, you don't necessarily have to go through a traditional route.
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9 October 2012 | 14 replies
You may be happy in a few months that you are not just finishing a re-hab using today's numbers.This and there are billion dollar hedge funds buying up all the rentals right now.Oh and with a risk free rate of return under 1% traditional expectations of risk / reward may need to be adjusted.
26 November 2012 | 19 replies
I've gone to traditional schools, but I have learned as much or more from the school of hard knocks.Bigger Pockets is a great place to learn, but I believe it is so much more.There are experienced wholesalers, landlords, CPAs, accountants, tax professionals, attorneys, financers, flippers, authors, programmers, social media types, web designers, and the list goes on.
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4 December 2013 | 1 reply
So for I've just ran numbers as if it were a traditional wholesale deal.Thanks and hope to hear some helpful tips soon!
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14 January 2014 | 36 replies
There are lots of different sellers in different situations out there, good work on diving in, you'll learn a lot from getting knee deep in the mud.
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31 October 2012 | 18 replies
If the closing involves a traditional loan, the fee will be on the HUD-1 for both parties to see, but if a cash buyer then it is shown only on the buyers Settlement Statement.
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9 October 2012 | 5 replies
Hello! Kind of a simple question here so maybe someone can help me answer it. If a broker brings me a loan for an interest-only, short-term note that balloons, which forms does that broker need to provide to me, the o...
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14 October 2014 | 9 replies
One traditional product is shellac; there are other things that also work well.Something to consider - it only takes a little more work to get a tip-top job.
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20 October 2014 | 31 replies
You could always do the first few with traditional financing.