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11 August 2014 | 17 replies
@Bryan A. is correct -- just be honest.
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8 May 2016 | 145 replies
I am not too concerned about Zillow, Redfin, and Trulia as real estate is local in nature and relationship driven.
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17 May 2015 | 16 replies
April A. is the most knowledgeable one I know of, and he's down in Southern California, so you might want to engage him to help you do the exchange.
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10 October 2014 | 55 replies
It is never based on some wild eyed, ego driven opinion of self worth or based on what the service provider sees as "earning" what they might get away with.
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27 June 2013 | 25 replies
Underlying your statements is a "I want a $60K income right away".
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13 October 2016 | 82 replies
Originally posted by David A.:I
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18 October 2016 | 6 replies
@Amber A. I
4 November 2016 | 16 replies
Therefore, you can use 50% of the Gross Revenues to determine your Rough Expenses, excluding Debt Service.Purchase Price: $200kMortgage Terms:- Principal Amount will Vary depending on the Down Payment- Term: 30 year or 360 months- Rate: 5% FixedPayment will be calculated automatically by the Spreadsheet.Here is the results for BUYER A - the All Cash Buyer:Here is the Results of BUYER B: The 50% Mortgage Buyer:Here is the Results of BUYER C: The 95% Mortgage BUYER or 5% Down BUYER:You can clearly see that: Buyer A is Cashflowing with $1k per month.Buyer B is Cashflowing with $463 per monthBuyer C is NEGATIVE Cashflowing with NEGATIVE $20 per month.So............ unless my calculations are off somewhere, maybe someone can check, to say that an Investment Property is somehow Cashflowing is NOT correct.It's the BUYER that Cashflows.Now, take into consideration that one of the Buyers that needs a Mortgage (B or C) has really bad Credit.
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13 December 2016 | 12 replies
Tenant A is a 30 year old teenager.
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12 April 2018 | 109 replies
I mean you need to have a fico.. but its much more equity and experience driven than credit.I hear it all the time HEY I have a 800 fico and can't get a local bank to give me credit..