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22 May 2016 | 9 replies
Short sale to an investor who can generate a nice ROI before it's done in 26 years4. 4-5 other investors who want to share the unit and these expenses for the next 26 years.Expenses:Mortgage: $1600HOA: $450 per mo- includes exterior landscaping and lighting, maintenance for 3 pools/spas, tennis courts, security gates, private streets, sidewalks)Land Lease: $170 per moThe HOA (Waverly Park) recently passed a ruling for no vacation rentals under 30 days, however, my attorney suggests that should only apply to new owners and not me as that was not the rule when I purchased.
17 May 2016 | 4 replies
According to what I have researched is it realistically possible to find a good deal , secure a contract to purchase the house and assign the contract for a 2-5k profit ?
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24 May 2016 | 17 replies
Just because it was the 1st mortgage doesn't mean that ALL other liens are wiped, certain liens cannot be foreclosed out including COA liens and municipal liens (special assessment, lot clearing, securing, utilities, etc)718.116 Assessments; liability; lien and priority; interest; collection.— (1)(a) A unit owner, regardless of how his or her title has been acquired, including by purchase at a foreclosure sale or by deed in lieu of foreclosure, is liable for all assessments which come due while he or she is the unit owner.
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20 May 2016 | 12 replies
In that case your security is deemed unworthy of their cash, dosen't sound like the issue here.Yes you just ask for the funds you need
18 May 2016 | 2 replies
This is just a "secured loan" or "savings secured loan".
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22 May 2016 | 9 replies
Hello, I'm very close to securing my first tenant and he happens to be a grad school student.
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18 May 2016 | 7 replies
Tenants have to keep up with their credit scores because their security clearance depends on it.
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18 May 2016 | 5 replies
I know which tenant caused the damage, as it was caused by their furniture rubbing back and forth in a certain spot.Each of the tenants gave me a portion of the security deposit.
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19 May 2016 | 1 reply
I plan to buy, 51% own, remodel, rent homes and offer a minority ___% interest to hard money lenders secured by the following: 1) their holding a first mortgage and 2) quarterly loan ___% interest payments and 3) ___% share of annual depreciation and 4) ___% share of sale proceeds at or before or near year eight per market then.
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21 May 2016 | 4 replies
@Ginger Schmidt You are definitely allowed to require a security deposit with a new lease.