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24 January 2020 | 2 replies
These would not be just normal 1031 exchanges.
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24 January 2020 | 3 replies
Well 20% down seems pretty normal, did you compare multiple lenders?
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29 January 2020 | 5 replies
Normally, you can apply that laminate piece with a hot iron to heat the glue that's already on the piece itself.
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23 January 2020 | 3 replies
However, you also want to be able to demonstrate that intent.Factors that would give credibility to your claim could include your normal practice, communications you had with professionals and your relatives as you were buying it, and the specific reasons that would cause you to change your intent from holding to resale.These types of things happen.
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23 January 2020 | 2 replies
You just need to live in that property for a time period, normally 6 months.
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30 January 2020 | 5 replies
@Siobhan Kelly-RobertsI pay around $100, i get 200 leads every month.. the leads are pretty accurate, i normally get a response in some way or shape from at least 70% of the list
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12 February 2020 | 6 replies
Does this sound about normal for these costs for this price of a condo?
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25 January 2020 | 6 replies
-Specs: 3 bed, 1bath in Bristol CT1,095 sq ftIt has another lot attached to it, I believe behind the property, I'm going to see it this Saturday-Taxes: ~2500/yr (this doesn't include the other lot, I need to ask what he pays for them both)-Initial home offer: 150,000 (defenitely could talk him down)Needs a 15k down payment (nothing lower)-Estimated rent:1200 if rented as one unit I'm considering piecing out the rooms, might be able to get 14-1500 that wayAs it stands at that price and a normal 30 yr fixed rate at 4% and money set aside for capex, maintenance etc, the deal is losing about 50 bucks a month, however this is a seller finance and a lot of numbers can be worked on.I'm thinking of offering 125,000 (before 15k down) with a a 40 yr fixed rate at, maybe at a little under 4%, these numbers look better, leaves a little over 150 dollars in my pocket and a little over 10% Cash on cash return.Do you think this is a reasonable offer to make in such a situation?
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24 January 2020 | 1 reply
Is it normal practice to get rehab estimates prior to purchasing a fixer upper?