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24 March 2019 | 2 replies
Flipping cars, cell phones, kids toys etc.
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4 February 2017 | 6 replies
Either the appraised value or the sales price, whichever is lower.So, $80,000 loan on a $100,000 house would be a 80% LTV.FHA loans will normally allow a borrower to put down as little as 3.5%.
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1 November 2016 | 2 replies
As a General Rule, my Desired Profit is $20,000 or 20% of ARV whichever is greater.
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20 August 2023 | 22 replies
It's very cluttered, and the purple carpet reminds of a church alter color (but it is very pretty).I did a quick mockup of a less cluttered room, and used Shaw brown colored pet resistant carpet.I put a mushroom colored sofa at one end and an Avocado green and rust chair at the other end.I also put in a minibar and two small (vs one big) log burners (for winter and fall).it might also be nice to have some kind of sound system in the ceiling that can hitch onto your cell phone and play your music from your phone.If you notice rather than paint a wall, I simply used a drapery to color it from end to end.Here I used a muddy looking mustard color with some checkers on it.I also toned down the white window trim to deep brown color, and put some sheers inside to make the house feel bigger.You could also use knotty pine wainscoting in some areas to break up the horizontal-ness of it.
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3 November 2023 | 31 replies
-Rehab price: $25,000-Market Rent: $1,300-Property Taxes: $1,324-Annual Insurance premium: $1,200-HOA fees: N/A-Number of units: 1 single family house-Estimated Credit Score: 690-700 ok, so you have a few options:1. delayed financing will let you use the new improved value but only allow you to take out what you paid for the property plus closing costs or 75% loan to value which ever is lower.
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19 August 2014 | 3 replies
It has a Participant Loan feature allowing you to access up to $50,000 or 50% of the balance whichever is less.
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29 October 2014 | 13 replies
I do have all the calls coming to my cell phone and I try to answer if I can.
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26 January 2015 | 6 replies
Since contractors can be hammered so well from default or negligence, I don't argue much as to penalties but after 30 days or so (about 25% more time past grace periods or fudge factor, whichever is longer, they can pick up interest expenses).
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26 May 2018 | 5 replies
I would suggest, if you plan on using a property management company, to reach out to whichever one you choose and let them know you're looking for investors that are retiring from the business.