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28 February 2016 | 22 replies
For me, I'm investing in B/C areas, slightly older areas, still safe, good/ok schools, but not as upscale/trendy as other places.
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8 February 2016 | 29 replies
That being said, if I moved out I would cash flow $500 to $700 a month depending on the season from that one deal.
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2 February 2016 | 14 replies
I would love to meet other inverstors new and seasoned for advice, guidance and / or partnership on deals.
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31 January 2016 | 9 replies
Don't think on it overnight any more, just do it within the hour because that's how he wants to play the game and it'll take like a week if you keep sleeping on it.Baby boomers and older often want to play this game with me on interest rate too."
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1 February 2016 | 6 replies
You can also go hard money or private money if you don't have cash and purchase a property that has a decent amount of equity, and rate and term refinance the loan without any seasoning.
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1 February 2016 | 10 replies
As soon as the property is in livable condition you can then rate and term the HML without any seasoning requirements as long as the LTV is supported.
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28 April 2016 | 5 replies
Yes, I am aware I can hire an accountant; yes I am aware that I could switch to the older version of Quickbooks.
2 February 2016 | 42 replies
Older buyers getting into the "dream house" tend to stay for a bit.
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4 February 2016 | 7 replies
You can get into the loan at the killer PMI premium, even that long I'd suggest 10% down, then after you improve the property and the loan/title is seasoned (2 years is not a problem) you can refi, no cash out basis at 80% without PMI or 75/70 LTV cash out still without PMI.
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2 February 2016 | 12 replies
Anyway we couldn't seem so get a bank interested in financing (they all kept saying they either would not finance existing manufactured homes or they would not finance any older than 1995, I discussed this with the agent handling the property and he said he discussed this with the man who holds the title (the property is now owned by an estate) and he agreed to carry it if we could put 13 down at 5-6 percent interest.