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27 October 2009 | 11 replies
I was just wondering...if there is an OPTION recorded for X investor, will the short sale lender be more likely to approve a short sale because they know that the sale has to go through the option holder?
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19 September 2014 | 10 replies
What you are talking about is 2 separate financial closings on this property, where you will be the deed holder in both transactions.
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27 October 2014 | 18 replies
The seismology experts had never heard of the note holder's classification system.
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8 October 2014 | 12 replies
To better your chances, verify yourself that the Clerk notified all lien holders, as that's the only way they can redeem during the quiet title process.
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4 October 2015 | 1 reply
-You can make renovation yourself or manage in your house without having an RBQ since you are a 'proprietaire occupant'-If you want to build new construction you need to get you 'auto-constructeur' license-You are supposed to hire only rbq license holder to work on your project but you wont get a fine for not doing so-when you will sell, buyers will be reassured that a pro did the job-get a legit electrical and plumbing company since they garantee their jobI suggest you do a few flips and after check out if the rbq is worth it,I dont know about the Ottawa market, is it good?
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25 October 2017 | 6 replies
PM me if you need some ideas of what other SDIRA account holders do.
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3 December 2017 | 22 replies
The transaction had closed with owner financing and the seller had collected one monthly payment when the note was sold to an investor.Here are the details:Sale Price $237,640Down Payment $ 98,640Original Balance $ 139,000Terms: 6.5% interest, $878.58 per month, all due in 5 yearsDeal Analysis:UPB: $138,874.34Amount Invested $: 120,141.27Purchase Price %: 86.5% of UPBYield To Investor: 10.09% based on balloon and 7.96% based on amortization.Discount: $18,733.07 (or 13.5%)LTV*: 58%ITV*: 51%*Loan to Value (LTV) and Investment To Value (ITV) based on FMV of $237,640Investor Offered $120,141.27Note Holder Offered $115,141.27Note Finder Referral Fee $ 5,000.00The investor funded the deal and collected payments to earn their yield.
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21 March 2018 | 7 replies
For my rentals anyone over 18 is added as a lease holder and has a background check.
29 April 2018 | 1 reply
(Side A tenant is a 30 day lease holder) Side B have a fresh lease until Mar. 2019 @ 625/per month.
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17 May 2018 | 2 replies
Where it gets a little nerve-wracking is if the first lien position holder chooses, they can set the minimum bid price, which typically includes their lien, legal fees, delinquent interest and whatever else are reasonable costs they are trying to get back as a result of the default.