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2 December 2016 | 9 replies
If the ROI is lower, can you put less down on the loan to increase it?
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20 September 2016 | 15 replies
The agent tells me the seller is motivated to sell the property and had no idea the condition it is in (he's out of state), but after two weeks of submitting the new offer the seller has neither accepted nor rejected our new offer.
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17 September 2016 | 15 replies
Department of Education “have forced us to cease” operations.ITT was hit hard Aug. 25 by the education department’s mandate, which was made after ITT fell out of compliance with its accreditor’s standards and “put its students and millions of dollars in taxpayer-funded federal student aid at risk,” the department said.ITT last year received 79 percent of its cash receipts from the federal student loan program.The department also placed several other sanctions on ITT, including a freeze on executive compensation and an order that it increase its surety funds from $94.4 million to $247.3 million within the next 30 days.The company said Tuesday that it “exhausted the exploration of alternatives,” which included transferring the schools to a non-profit or public institution."
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12 September 2016 | 6 replies
Part of the problem is I am in a situation where I can increase my J.O.B. income about an extra $80k a year for a few years or more if I want but it will require travel and high stress so I won't be able to focus on wholesaling.
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14 September 2016 | 4 replies
I currently work in the IT industry and have done well, but I'm looking to increase my earning potential and hopefully help some more people along the way.
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12 September 2016 | 4 replies
If i ask for 3% seller assist, does that increase my monthly mortgage price?
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17 September 2016 | 6 replies
This won't help in your decision of whether to pull equity out of your current property, but might help with how you use that cash if you do.I was looking at a SFH I think I can get for about 70k, that's pretty much in move-in condition.
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15 September 2016 | 9 replies
NOW, if we are to have the HOA responsible for the interior of each of the units as well, here are the eminent problems I foresee: - owners will be even more careless and act irresponsibly for their units since they don't pay for the repairs of the interior of their units - because many of the owners rent their units (technically they sublease), they will be even less incentivized to maintain their units - the HOA pays for all maintenance and repairs of units and owners get the benefit of rent - repairs/maintenance of units is not properly proportioned to their respective owners, meaning that there is no incentive to keep my property up because any repairs will come out of the pocket of all other owners - this penalizes good owners and rewards slummy owners - this will put the owner residents at a big disadvantage because the owners who rent their units will cause maintenance fees to increase for all owners, especially due to high turnover --> in Summary, this is a straight example of socialist-style system (I know, my family immigrated to the US from the USSR) and it will just sink our whole Co-op.
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16 September 2016 | 22 replies
First it is not MY formula.Second, it is not useful for your $50,000 house because there are no cap rate comps.Third, few properties sell for almost 38% discount if they are in marketable condition.
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19 September 2016 | 15 replies
Not too many valley's (increases costs) and removing the chimney also.