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20 August 2016 | 5 replies
Right after you close get an insurance policy that protects you if there is a loss.
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19 June 2022 | 3 replies
Example offer contract from one of my mentorsPurchase Price: $2,000,000Terms: $200,000 cash down Seller to carry a 1st via an All Inclusive Trust Deed on mirror terms with a principal balance of approximately $1,000,000 at 4% annual interest rateSeller to carry a 2nd for balance of approximately $800,000 with an annualized interest rate of 4%, 10 year term, fully amortized, due in full on December 31, 2030Seller to be named on property insurance policy to protect seller's investment
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21 August 2016 | 9 replies
You can do a lot of this yourself however something like this needs to be done right and you must protect yourself.
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21 August 2016 | 7 replies
- Seekng to create passive wealth to achieve financial freedom (3-5 year target)- Looking to scale up to at least 10 rental properties in 3 years.- Interested in rent and hold SFH, MFH and >4 multiplex properties.- Happy married with 2 kids!
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13 September 2016 | 13 replies
If the answer is zero, I think you should leave the 401 alone and find another job, because you are not financially stable enough to do this.
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6 September 2016 | 24 replies
I never used my broker license for a full time job even though I kept it active for about 30 years.i closed a few deals for other people and have only one real estate investment deal for myself.As a safety thing, right after you close on an improved property, get an insurance policy that will protect you if there is a loss.
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22 August 2016 | 1 reply
Other questions we have concern things such as finding a good group of contractors to work with, and how to best protect all parties in our transactions, most certainly protecting our family as the top concern.
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20 August 2016 | 1 reply
Interested in Real Estate investing and would like to eventually own a few properties that can generate some cash flow for financial growth.
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20 August 2016 | 4 replies
The Utah MLS's are very aggressive in protecting the privacy (sales prices) of the Realtors' clients, so my guess it the data freeze applies to Realtor.com as well.
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9 September 2016 | 55 replies
It's essential that you know, however, that SHOULD your buyers default on their payments to the 1st lender (you are the 2nd) then in order for you to protect what's remaining owing to you on your note ($50K in this example - the payments they make before defaulting = $45K, for example) ... so in order for you to protect your money, what's owing to you, you will need to keep the 1st mortgage paid up and then YOU will need to foreclose on the owners/currently buyers.