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11 October 2005 | 3 replies
The mortgage biz and appraisal biz are quite different.
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31 October 2005 | 3 replies
I have personally bought a couple of houses with no money down, but I have not done that for quite awhile.
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18 April 2011 | 23 replies
There are quite a few effective places to advertise properties for free, online.
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25 November 2009 | 3 replies
., your PM should have given them a notice to pay or quit.
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18 October 2005 | 2 replies
Debt to income is a major component of your FICO score and when you buy multiple houses (especially if you're rehabbing the houses instead of renting them out) it is quite possible that you're presenting a larger risk.
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18 October 2005 | 8 replies
I think you can quit paying PMI when your LTV hits 80% (check your promissory note).Option #2 Refinance at 10 or 15 years fixed.
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24 May 2007 | 9 replies
I don't have the money to buy them, but I know quite a few people with money.
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28 August 2008 | 11 replies
If you are good enough to make 5K a month wholesaling...what I call the "short money"...you're missing the bigger picture of the real estate business.The long money...the continue cash flow from owning a free and clear rental property whose rents continue rise with inflation...is the big payoff of real estate.Let's get real...if you find properties others are willing to pay you cash for...you just sold away a lot of expertise and effort for pennies on the dollar.Get in this business for real and quit chasing the "fast but short buck".Or at the very least, stop calling it "investing"...Take some words of wisdom from Warren Buffet:We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
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18 August 2010 | 20 replies
It was a buy and hold that needed quite a bit of rehab, so not too big a deal.