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16 September 2018 | 8 replies
Any recommendations that are user friendly with low associated fees?
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19 September 2018 | 23 replies
There are also financing fees to pay for due diligence, loan applications, legal, etc., which are around 1.75% of the purchase price.If you charge an acquisition fee, you will need to raise that too.The 10% liquidity doesn't need to be raised.
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15 September 2018 | 8 replies
Here in Florida, attorney's fees are statutorily recoverable in all residential tenancies and even seemingly minor noncompliance by a landlord can produce a dismissal of their eviction and a judgment for fees against them, despite a non-paying tenant residing in a rental.This is not legal advice and does not create an attorney client relationship.
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13 September 2018 | 1 reply
Usually attorneys fees, penalties and all that other stuff alone comes too far in excessive 4K.
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13 September 2018 | 1 reply
Looking for anyone with experience with short term rentals in this market.I'm considering starting out small with a 1 bed 1 bath condo that will have a small mortgage + HOA fees.
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13 September 2018 | 3 replies
I was recently asked if an assignment fee can be paid outside of a closing, where as the contract assignment would show assignment fee of $0, but a separate contract between wholesaler and buyer existed on the side labeled a "finder's fee".
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14 September 2018 | 5 replies
I noticed the assignment contracts only have information about the wholesale fee not the price for the property.
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14 September 2018 | 3 replies
Know your resale value before you step into any purchase and make sure it will cover your expenses - including realtor fees, property transfer taxes, etc if you'll be selling it in a year or two - and then include the profit you intend to make too.I'd also encourage you to research mortgages from an investor's point of view.
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16 September 2018 | 130 replies
Let me work out something direct, and I’ll pay a % of the deal as a finders fee.
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19 September 2018 | 4 replies
You can also try to negotiate one or two extension options in the loan (you will typcially have to pay an extension fee and meet certain requirements to be able to exercise the option)