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10 October 2015 | 8 replies
Most days we want to buy more, some days we want to sell all and have a tiny house in the country, no overhead, no tenants, no stress.
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17 October 2015 | 7 replies
However, in many parts of the country it is a good (to great) deal, and you need some expertise to sort through all the facts.
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10 October 2015 | 1 reply
I have come to this site under a referral in hopes that I will find a mutual beneficiary that I may work with until I ultimately return to the country.
11 October 2015 | 3 replies
Me and a buddy were just looking this up on Google and nothing significant or informative came up, has anyone on BP had any experience (or know someone who does) with wholesaling in different countries?
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11 October 2015 | 8 replies
If these things are open in your state, go sit in on the Real Estate Commission disciplinary hearings...and go sit in housing court for a couple days.
10 October 2015 | 6 replies
I had a foreclosure I bought on the court steps that I ultimately sold back to the defendants son.inlaw.
11 October 2015 | 2 replies
@Anthony Brown,I don't have any personal experience in your area of the country, but here is a list that may be helpful. https://www.biggerpockets.com/hardmoneylenders/mar...Good luck!
12 October 2015 | 6 replies
There isn't any good RE club in the country i wanted to invest and by asking my negotiators, hardly any of them know any professional.
20 July 2016 | 30 replies
a nanosecond.As I see it, here are the numbers:$37,000 Cash to buy$20,000 Cash for rehab$57,000 Total Cash in$125,000 ARV$57,000/$125,000 = 45.6% ARV....if you can't find a lender for this ratio to do a COR, then you must be in some foreign country.70-75% ARV typical ARV used for COR$87,500 70% ARV (of $125,000)(57,000) Total Cash in$30,000 Cash Out$87,500/$57,000 = 154% CCRAs long as the new loan payment, when subtracted from your current cash flow, doesn't put you into a bad cash flow (as in negative), then grab it and move forward.
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28 October 2015 | 23 replies
If you try to raise it more the tenant can hire a tenant advocate and the court will likely side with them.If I were you as part of your business plan I would plan on increasing the rents up to approximately 10% a year until you reach your target amount.If you insist on receiving the property vacant then make it as part of the deal, meaning have the seller deliver the property to you vacant.Also in the state of New Jersey if you are to evict a tenant and you own the property in an LLC then you must hire an attorney to handle the process for you.