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16 September 2012 | 3 replies
Here's a good habit (from the guy who had to learn to makes things simple after 30 years of making them complicated:Just write down on a piece of paper the basic terms that apply: The priceComponents of the priceDown paymentFunds due upon at possession Other Consideration Existing loan to remainAmount of Secondary financing (equity of carry back note, wrap, etc)Other non-cash consideration (car, boat, ugly yellow motor home, etc.)Addressing your original post, I believe, is that you keep the offer simple, can show the initial equity of the wrap 2nd either separate from the 1st, or since there really isn't ANY equity in your example, show the existing 1st as a component of the wrap 2nd your are creating.
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9 August 2023 | 29 replies
Getting a vehicle, parking, where is the 6-pack holder as I drive, oh great now that dang kid I hit put a scratch on the door with his wheelchair and I didn't get the rental insurance...... lol.
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2 December 2018 | 15 replies
If you're considering investing into an syndication I recently connected with somebody who matches potential investors with deal sponsors (they have both accredited and non accredited vehicles to invest in).
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11 August 2023 | 4 replies
Work your way from top to bottom first with your plan, start backwards, think of your goals and how to get there, look at specific strategy vehicles to get you there, learn them, and find ways to start applying them in real life.
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9 August 2023 | 13 replies
Also, some vehicle expenses.What about computers, printers, etc?
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10 August 2023 | 7 replies
Thoughts on the best vehicles to pull equity out while keeping the owned properties in a good cash flow position.
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4 May 2016 | 2 replies
Justin is a fast growing area, still on the outskirts of Greater Fort Worth, but close to Texas Motor Speedway and the Alliance/114 Corridor.
26 July 2021 | 3 replies
In the upper left under vehicle storage, select either Boat or RV storage, doesn't matter.
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21 August 2019 | 2 replies
The reason for this is that when some things (like motors) start up, they draw a very high current at first, and then settle down to a much lower current.
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12 September 2017 | 10 replies
Thousands of homes in TX, LA, & FL are dealing with flood damage right now that are not in flood zones.Workers Compensation coverage if you have anyone on payroll, any subcontractors that do not have their own coverage, or if you have any Statutory employees (most common would be realtors).Business Auto may be needed depending on the ownership, size, type, and use of the vehicles used to service the properties.Equipment coverage may be needed if you have Tools and Equipment you use to maintain the property such as Tractors, Bobcats, power washers, generators, etc.Builders Risk policy could be needed if you are renovating a property before renting it out.Hope this helps with some possible policies you may need.