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19 August 2015 | 4 replies
I have recently received some real estate investment training and they have been telling us in class that to satisfy hard money lenders, all we have to do is to submit an app, get approved and print off the proof of funds letter to show we have available funds for the transaction.
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13 November 2015 | 6 replies
There should be no hidden fees.If you intend to sell it before the 90 day seasoning period required for all government backed loans, you will have to request the buyer obtain conventional financing or pay cash.
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13 December 2015 | 10 replies
For example, if foreign cash stopped purchasing our debt and our government was forced to live on what comes in while paying higher rates on the debt we currently have. 6) Price of oil - If the price of oil were to go over $100 per barrel and look like it was going to stay there for an extended period of time, then the boom could take off again.So, my advise?
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4 June 2017 | 30 replies
The real "hit" is only the 10% penalty because if we're being totally honest, who knows what marginal tax bracket we'll be in when we retire.And who really believes the government will keep their mitts off your Ira/401k in the future?
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31 December 2012 | 12 replies
I have the feeling this would greatly reduce the number of deals the wholesaler is able to tie up.While I am usually no fan of government regulations, the licensing of real estate agents makes sense from a consumer protection standpoint.
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8 January 2013 | 18 replies
If a receipt for cash payments is requested, you are legally required to provide one (although it does not have to be a pre-printed one, a paper napkin would do, albeit not recommended).If the tenant claims they paid (but haven't) they need to provide a receipt for it as proof.Re. the sec. deposit: Sounds like your property wasn't bank-owned.
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14 September 2013 | 53 replies
In consideration of $___________________, receipt of which is hereby acknowledged, Paramount Construction, LLC releases the lien on property owner _________________________________________________from any and all liability resulting from construction, restoration, and/or modification of the building located on premises known as___________________________________________________________________ Signed this ______day of_____________________________, 20______ Contractor/Company Name **please print** Contractor/Company Officer Signature TitlePS: If you are that worried about the contractor you may not know require they have a suety bond, my contract states my client pays it and it does not cost that much.
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22 May 2023 | 6 replies
I didn't read anything about being accredited for Techvestor.Accredited investors are those individuals classified by the SEC asqualified to invest in complex or sophisticated types of securities.To become accredited certain criteria must be met, such as having an average yearly income over $200,000 or working in the financial industry.Sellers of unregistered securities are only allowed to sell to accredited investors, who are deemed financially sophisticated enough to bear the risks.Accredited investors are allowed to buy and invest in unregistered securities as long as they satisfy one (or more) requirements regarding income, net worth, asset size, governance status, or professional experience.Unregistered securities are considered inherently riskier because they lack the normal disclosures that come with SEC registration
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6 February 2011 | 16 replies
Thank you for your help I will print this out now so i always have it lol
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13 April 2011 | 6 replies
But I can see how you could address this specifically in your lease agreement and hit the deposit, subect to compliance with laws governing deposits.