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3 October 2012 | 11 replies
As in RE investor, is it safe to hold so many HELOC’s even though you may have tenants for cash flow and a job?
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5 October 2012 | 3 replies
There are a lot of online sources for mortgage rates and terms.
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10 November 2012 | 17 replies
So this type of inspection is intended to make sure the new occupants have a safe residence.
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7 October 2012 | 12 replies
I am also emailing or calling the contacts of FSBO listings I find online or in the papers.
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17 November 2013 | 11 replies
You can find a downloadable HUD1 online to fill out.
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8 October 2012 | 9 replies
The long shelf life appeals to me.I looked online for feedback on this food and didn't see any.
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12 October 2012 | 5 replies
It was not even 1 second online, so I assume this was an automatic filter from craigslist because it usually takes 10-15 minutes until an an is visible to users.Somewhere I read that too many links in an ad can cause this - which might why the generic ads stay.
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10 October 2012 | 14 replies
It's usually a bank statement, a letter from your bank or a screenshot from your online banking page.What you are talking about is a pre-qualification or pre-approval letter from a lender (regardless of what they call it), and is used when making financed offers on property.If you try making a cash offer using this fake "POF," you'll find that most of the time, the seller will disregard your offer or make you change it to financed.Now, to answer your question, if you make a financed offer, it shouldn't matter whether you change the lender in the middle of the process, so long as the original lender (the one that provided the "POF") is a viable option should the new lender not be able to provide the funds.The key is, you need to be able to follow through on whatever you're telling the seller -- if you tell the seller it's a cash deal, you need to be able to follow-through with cash (and prove you have it); in this case, if you're telling the seller you are approved for financing, you need to be able to follow-through by getting financing, regardless of who the lender is.