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25 October 2018 | 10 replies
Florida is notorious for foreclosure scams and modification scams.I was wondering, however, if any one has had any experience with approaching a distressed homeowner with the following proposal: If they don't want to do a shortsale, and they have little to no equity in the property, I would be willing to take over the deed and the mortgage.
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12 March 2019 | 7 replies
Ask him what the yearly requirements are you need to follow so you do not pierce the corporate veil in MO.
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22 July 2018 | 20 replies
I tell all my tenants and applicants that I have 2 rules that if they follow, we will have a great relationship. 1) They pay on time. 2) They never lie to me.
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21 July 2018 | 4 replies
Some options there are to One: follow properties posted on various sites and follow the posting back to the listing company and ask how to register on their list.
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26 July 2018 | 11 replies
House hacking may be your best bet to build equity, and maybe refi to pull funds or continue to save and put yourself in the best position a year or so from now to make the move to strictly investment props!!
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20 July 2018 | 5 replies
In general it favors the tenant - pretty much in every aspect.I still invest in Chicago, but I know the rules and follow them so to me it isn't a big deal
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20 July 2018 | 7 replies
See the following for more on the 401k distribution rules. https://www.irs.gov/retirement-plans/plan-particip...
23 July 2018 | 8 replies
I am very conservative and try to follow the 50% pretty closely but even if I stretch a bit the deals just are not there on 15 years.
11 May 2020 | 7 replies
I have been trying to sell my rental property and for the past few years but the market price keep decreasing where my mortgage owed = market price, currently almost no equity in thereI've considered/ tried following: - conventional way using realtor - even though seller's realtor willing to take less commission, no guarantee that buyer's realtor is willing to do it as well.- agreement for sale/ rent to own - fail because tenant buyer defaulted.- no fee/ low fee realtor brokerage (commfree, 1% realty etc.) - actually they charge more than what it shows in the ad.- direct marketing through kijiji, facebook, reach out to my real estate investor friends for direct sale or another rent to own - this is what I am doing now.- 1% fee realtor website (bodecanada) - this is pretty new and I start to put my property there- rent out to tenants - this is what I am doing nowMy property is half duplex with illegal walk out basement suite so I rent out upstairs for $1200 and basement for $700.
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29 August 2018 | 9 replies
In your case, if you want to borrow using one of these agencies, then you have to follow their rules.