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21 April 2020 | 3 replies
You should easily be able to find lenders who don’t but if you can’t, these should be very nominal.
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27 April 2020 | 18 replies
The first fine is usually a nominal fee but it’ll add up quickly.You’ll learn very fast that trying to get your PM to handle this well is going to be a struggle.
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22 April 2020 | 29 replies
We’ll continue with nominal rents, at most give it a $50 increase if we see it works, and see where stuff goes the next few months.
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11 May 2020 | 14 replies
Solve their vacancy problem, put a nominal down payment down and find the vacant unit tenant yourself.
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1 May 2020 | 8 replies
That said, there may be transfer tax, and/or other fees that may be based on the "sale" amount but any fee would be a nominal fee.
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12 June 2020 | 0 replies
My wife and I like the BRRR strategy because it allows you to create instant equity and some nominal monthly cash flow.
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26 June 2020 | 10 replies
If you sell an investment property to defer CapGains and depreciation recapture you have 45 days after the close of your relinquished property to nominate 3 like-kind replacement properties and then another 135 days to close on them (please talk with a 1031 qualified intermediary BEFORE you do anything, they're very helpful and no fee).If they can keep you in deal past 45 days, then it kinda forces your hand as valid replacement property.
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16 August 2020 | 100 replies
No mine is a non-owner occupied home and at purchase was 20% down at 5% bought 1 point to 4.625% at refi they offered 75% LTV @ 5.25% or after 1 point 4.675% @ 30years.
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27 June 2020 | 4 replies
If not, be frank with the broker that if it’s really as bad as they’ve currently provided, all you could really do is take the business off the current owner’s hands for a nominal sum, assuming that’s something you want to pursue.
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29 June 2020 | 41 replies
But, in many cases it will require at least some nominal improvements to the property, and possibly new tenants.