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11 October 2016 | 11 replies
Get real good at filling out apps and sending in packages.
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6 October 2016 | 3 replies
The 15 day before auction window within which the big banks must review the package and can stop the foreclosure, if approved, has already passed.
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6 October 2016 | 1 reply
They share the same sewer and the listing agent says they should be sold together because of this.I figured we'd live in the SFH and rent the triplex, but my concern is if this will qualify for 203k financing due to these properties being on different tax parcels, even though they are being sold as a package, so to speak, on the MLS.My other concern/question is, when house hacking, do you approach the financials a bit differently?
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9 October 2016 | 5 replies
Would be a good idea to talk with a local bank and show them your package/numbers and get a verbal commitment (or in writing if possible) what terms they would offer you.
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3 August 2016 | 2 replies
I have helped in a bulk package deal in phoenix where there were tenants still living in the houses.
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15 August 2016 | 8 replies
If your package is right along with the right attitude that demonstrates a solid history and you show some thought out recession proofing so you are not over leveraged, you will find a community that will want to work with you.
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16 September 2016 | 10 replies
As someone who invests in Florida, mobile homes are par for the course.Investing in MH's are not that scary, just keep some basic rules in mind.1) Try to buy newer than 80. 2) Try to buy MH land packages. 3) There is a niche for buying in parks which can be profitable, this is called Lonnie dealers.
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19 February 2019 | 14 replies
Also, ground rents are extremely popular as an investment and many people still pay hundreds of thousands of dollars for large packages.
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19 August 2016 | 13 replies
In our FL As Is contract, which you can find online (FARBAR AS IS) the inspection period is an absolute get out of jail free card, Paragraph 12.....something to the effect of "If buyer determines, at sole discretion of the buyer, that the property is not acceptable, Buyer may terminate this contract.....and the EM will be returned".
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16 August 2016 | 5 replies
If the IRS, in its sole discretion, decides the property has value to recover a sufficient amount of that tax balance, whatever it may be, they can redeem and take the property and then sell it to recoup.