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17 February 2019 | 10 replies
@Ramon Mota It's really the same as a normal RE transaction except you provide the financing and not a bank.The buyer gets title and ownership and you place a lien on the property, securing your interest.
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20 February 2020 | 65 replies
Not all the finances that are available, such as transactions in the reserve funds, and expenses made to vendors, and collection of assessments.
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29 July 2019 | 39 replies
Successfully pulling off a BRRRR requires you to seek & find a distressed property from a distressed seller, buy it at a below market price, successfully rehab it at a cost that makes the property comparable to turnkey properties in the market but for an all in price that is below what these comparable turnkey properties are being sold for in an arm's length transactions.
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26 April 2019 | 5 replies
"The best" mortgage rates/fees: Cross-selling is very important to big banks.
23 April 2019 | 5 replies
For a commercial property, the entire financing portion of the transaction is far more complex and stringent when it comes to qualifying.
23 April 2019 | 2 replies
You can find that info on the chain of title records at your local county clerk office.
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27 April 2019 | 3 replies
When you find exceptional deal; you can do double close using transactional funding and make over $10,000 profit in one deal.
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26 April 2019 | 0 replies
I’m currently working on a deal a state over (I live near border so still just an hour away) do I use a closing attorney in that state for transaction?
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4 May 2019 | 6 replies
This is extremely safe for them because you are cross collateralizing to secure a 40k loan (in this example) with over 100k of equity.
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6 May 2019 | 8 replies
My combined net commission from both of those first sales barely covered my startup costs, but I had some transactions under my belt and had learned a massive amount in under a year.