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14 April 2016 | 61 replies
To finance subsequent deals, I used a combination of all of the above plus proceeds from refinancing investment property, hard money, and on occasion, private money debt (i.e. loans from people you know).
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27 November 2015 | 1 reply
I love to travel, so subsequently I have a job that keeps me on the road.
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20 June 2016 | 2 replies
Hello, @Eli M. have you attended the free Section 8 seminar and the subsequent Section 8 certification course for landlords?
29 November 2015 | 0 replies
As per the ministry of micro, small and medium enterprises any service sector unit with the investment in equipment of not more than 2 crore falls under small business.
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17 December 2015 | 15 replies
@Mitch MesserA foreign investor is only insulated from subsequent dances with exchange rates if s/he establishes an incorporated entity in the U.S.A. to hold their investments - they will have to pay U.S.A. taxes at the corporate rate, but can chose if and when they repatriate any retained earnings.
10 December 2015 | 2 replies
Application, Appraisal, Rent rolls, PFS, two years FITR’s,) annuallyB) 7/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 7/1 ARM No Point Rate + 1.00% + 1 point2) L5 Resi Owner-Occupied 7/1 ARM No Point Rate + 1.50% + 0 pointPresently: L5 Resi Owner-Occupied 7/1 ARM No Point Product is set at 3.25% therefore, the CML Non-Owner Occupied 7/1 ARM rate would be1) 3.25% +1.00% = 4.25% + 1 point2) 3.25% +1.50% = 4.75% + 0 pointTerm: Max 20 yearsAmortization: Up to 30 yearsFloor: The initial rate on the transaction will be established as the Floor rate for the life of the loan.Repricing: At the end of the initial 7-year period, the interest rate would reset to the then 1-year T-Bill Rate (Index) plus 325 basis points (margin)No prepayment penalties requiredInterest Rate Repricing Caps: 5% at initial change date; 2% +/- at each subsequent change date; 5% +/- over life of the loanClosing fees: Utilize mortgage calculator fee scheduleStandard commercial real estate loan underwriting guidelines are required (i.e.
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9 December 2015 | 5 replies
Sometimes with REO's, we are not even seeing the deed recorded until the next subsequent sale, and we are double recording the deed after the sale to the end buyer.
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13 December 2015 | 6 replies
If the pipes are galvanized and subsequently rusted or deteriorated then you can either tunnel under the house (stupid and unsafe if not done correctly) or hammer the slab and replace it with plastic.
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16 January 2016 | 9 replies
A person who violates this subsection is guilty of a Class A misdemeanor for the first offense and a Class 4 felony for the second and any subsequent offenses.
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17 December 2015 | 3 replies
I think this is a positive move for the city and will help clean up some of the areas and subsequently increase values.