21 March 2015 | 4 replies
Hopefully others will chime in but I am doubtful that you could secure financing on your own without putting substantial skin in the game ($$$).Best of luck!
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22 March 2015 | 11 replies
Thick skin is a must in this industry.Feel free to check it out - http://www.biggerpockets.com/renewsblog/2014/07/05/getting-lowest-purchase-price-possible-skinny-real-estate-negotiation/I hope your find it useful.Thanks and have a great day.
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25 March 2015 | 11 replies
These texts are easy reading, can be dry as there is no fluff about how rich you'll be.
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26 March 2015 | 4 replies
BTW...MJ is Micheal Jackson not the great Mick Jagger.If I work hard, connect with the right people, continue to carry this sense of humor and professionalism...I can be highly effect in this business regardless of the shade of my skin.
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31 March 2015 | 33 replies
And one of those somewheres seems to be real estate (multi families, in particular, it may be).So assume fed funds rates eventually rise to a still-low 2% - are we thinking demand for <5 CAP multis dries up?
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10 June 2013 | 6 replies
A multi-family home i been looking at and very interested in has come up with a number of issues from the current tenants that don't want me to get screwed in the deal. now the home has a foundation issue because the basement keeps flooding. the current owner has had to refinance the home to pay for back taxes never paid. the wood beams in the basement are rotted real bad. the boilers need replacing and walls need insulation the electric in one of the apartments is illegal and running off of the boilers electric. the septic is draining into a nearby lake and the pump that is suppose to keep the basement dry isn't pumping the water out fast enough and is also draining into the nearby lake. some of the siding need replacing and the floors are slanted to some degree. the current owner and previous owner are friends and have not done any repairs. i still want the house but how do i go about getting funding to buy and rehab the house without doing a traditional loan or hard money since 35% up front is to much to come up with. also is there a way to force the landlord to sell the home cheaper the town has it at 207000 but he is asking 359000.
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16 June 2013 | 21 replies
Yes it's probably more expensive, but if you went that route and subtracted window/new dry wall costs you may be surprised and save $$$.As far as add baths/etc...
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2 October 2015 | 27 replies
Once we have dry wall in I'm hoping by Sunday the kitchen can begin and I will be getting the tile guy out here to fix the bathroom.