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25 March 2013 | 27 replies
Prudent lending practices, not just secondary market guidelines, require lease-options with rent credits allowed to be viewed in light of fair market rents being assessed and only amounts paid in excess of fair market rents be credited for financing purposes.While you can agree to rents of $500 per month and credit say $200 toward the purchase, lenders won't accept the credit unless the fair market rents is assessed at $300 a month or less.So, what you have with agreements drafted in such a manner are two parties who agree to a credit thinking that $200 is being credited, say for 24 months allowing $4,800 toward the purchase price of say a $50,000 house.
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31 March 2017 | 129 replies
Not an after picture just yet, but here is a picture from a property we are working on right now: Still need to replace the cabinet hardware, add the pulls, install the faucet, install the floors, add appliances and install light fixtures...but it is looking better already!
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27 September 2013 | 0 replies
I've been looking for some investment ideas lately & i would love to eventually invest in energy.
20 October 2017 | 19 replies
Somewhere out there, somebody had a light turn on, they see a connection.
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18 January 2014 | 2 replies
It is a retirement plan, at least part of it, and a light has been shed showing, (see below) that this is not enough to retire on, and still have the same standard of living that we enjoy now, albeit a modest one.To prepare for the sale of the house, it was going to take a long time to accomplish working full time.
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18 January 2014 | 7 replies
Could anyone shed some light into how to deal with this or if it is just something we'll have to take care and pay out cash?
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24 June 2014 | 5 replies
That said, I'm light on details as Section 8 will not discuss the case with me, so I am limited to what the tenant tells me.
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27 June 2014 | 9 replies
I had a slam dunk recently, a light rehab.
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1 April 2020 | 16 replies
She contacted me through her attorney and I don't take lightly to being bullied.
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30 January 2019 | 12 replies
@Nicole Marshall get the windows squeeky clean, light sand if old finish is flaking off or oxidized, automotive spray primer and then automotive enamel spray paint.