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24 January 2018 | 9 replies
If you can spend more time, more money and get massive results then you should follow these.Create a website must be PROFESSIONAL have a blog and get someone to write for you add at least 2 posts a monthBrand yourself or your company and give some value it could be FREE EBOOK, VIDEO ADVICE, TIPS, or anythingReach to people as much as possible (STOP THINKING ABOUT LEADS FOR A WHILE) connect with more people show your interest share valuable stuff.Try to use Facebook, twitter, instagram, as well as linkedin gain good number of followers and audience share interesting thingsBuild an email list within your niche that could help you to connect with more business people and investors who trust you.
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18 November 2017 | 5 replies
I will follow up with them after purchase and ask to have an inspector come out to examine property with us.
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17 November 2017 | 0 replies
I would prefer flips and/or rentals, as this is the niche I have decided to follow at this time.
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19 November 2017 | 3 replies
I've bought a couple deals from wholesalers, and it works out, but when I see the assignment fee that I'm paying, it just makes sense that I should go out and find my own deals--I'll have way more equity and my portfolio will be way healthier in terms of profitability and equity.There's a lot that goes into finding one's own deals--marketing for the leads, following up with the leads, getting them under contract.
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20 November 2017 | 3 replies
I am working on a mock real estate development project submission, and I am looking for some general rules of thumb on how best to estimate the following:1.
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18 November 2017 | 2 replies
However, we did brainstorm the following offer scenario:Owner-financed at $140k @ 5% APR with 3% down, plus $10k rehab (so ~$15k out of pocket) based on the assumption (and negotiating angle) that it would have to be switched back to a 3-family (and therefore we only counted 3-family rents).
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24 November 2017 | 13 replies
Inherited a similar property myself last month, I'll be following this thread.
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22 November 2017 | 15 replies
I haven't posted here in awhile but am following this thread.Will post soon..
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18 November 2017 | 3 replies
Freddie Mac Single-Family Seller/Servicer Guide Chapter 4501 As of 11/15/17 Page 4501-7 The Borrower may have an ownership interest in a residential property other than the Mortgaged Premises if the Borrower does not occupy the property, and the Seller documents the following in the Mortgage file: The Borrower inherited their ownership interest in the property and shares ownership with another party, or The Borrower owns the property with another party and the debt associated with the property was assigned to the other party by a court order (e.g., a divorce decree), or The Borrower is a cosigner/guarantor on the related Mortgage debt and someone other than the Borrower has made payments on the debt associated with the property for the most recent 12 months, as documented with copies of canceled checks or a statement from the lender See Section 5401.2(b)(i) for requirements for excluding liabilities, including Mortgage debt, from the monthly debt payment-to-income ratio.Well - this is my third property that I am acquiring.
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18 November 2017 | 2 replies
My real estate experience is as follows, I bought a 2.9 acre piece of raw land earlier this year, still planning the build on it.