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17 December 2015 | 13 replies
They just want the deal to close and move on to the next one.If you're ready to close, that's the "CD" or closing disclosure (it's a new form in the industry that the CFPB (consumer financial protection bureau) put in place for every loan from now on, instead of the old Good Faith Estimate and Truth in Lending.
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16 December 2015 | 1 reply
Me and my partner Brandon whom I work with are hunting down investors looking to make some extra cash.
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20 December 2015 | 10 replies
This is precisely the reason why I'm upset with Intuit, because you're right, had I known this before I could have stopped that tenant from paying through Intuit.Indeed, companies aren't perfect, but typically, when they make a mistake, they go out of their way to fix it manually, Intuit didn't go the extra mile.
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21 December 2015 | 10 replies
That said, if it were me and I would not miss the extra 5% down, I would be locking the 4.125%, 80% LTV deal, saving on fees and avoiding PMI.
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31 December 2015 | 3 replies
Teaching a dog the "hold" command sets you up for some extra fun photos.Enjoy!"
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18 December 2015 | 4 replies
If the tenants are month to month that's no big deal, but as the new owner/manager of this property you'll have the responsibility of maximizing income and month-to-month leases add extra risk of unexpected vacancy.
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17 December 2015 | 0 replies
So actually, the seller made a nice $5000 extra.
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17 December 2015 | 1 reply
A friend of mine that I work with is the one who originally turned me on to REI as a source of extra income, and earlier this year I bought my first duplex with an FHA loan.
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17 December 2015 | 1 reply
If you don't know the buyers personally (enough so you can call and ask questions) strongly consider taking another directionFriends don't let friends do bad deals, listen we all want warm fuzzes when working with people but the reality is, your running a business. protect your self at all time - its not personal its business. be objective (AND THIS IS HARD) but houses, don't have feelings, wholesale fee's don't have feelings, title company stamps and legal paperwork have no feelings, if your the feely type get a hobby or pour your emotions in another venue. real estate (demands) you to be at the wheel, and be ready to face the ugly truth."
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19 December 2015 | 13 replies
They need a 2.5X income to rent ratio and must show me a monthly expense budget that leaves $200/mo. extra in savings for emergencies.