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29 September 2016 | 3 replies
So, to figure out your maximum allowable offer (MAO) for the land you would back it out:ARV-Construction costs-soft costs-required profit-wholesaler fee=MAO$300,000-$150,000-$36,000-$36,000-$10,000=$68,000 is your MAOObviously there are a lot of variables here and they will be much different in your market than here in Boston but you get the idea.
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29 September 2016 | 1 reply
I know that when I had roommates, allowing them to move some of their furniture in, if hey had any, would make them feel the it was as much their home as it was mine, instead of it just being a house where they slept.
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29 September 2016 | 3 replies
How can I find your contact info (it won't allow to post, obviously :)
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29 September 2016 | 10 replies
That would immediately allow the tax investor to foreclose on him, if he found him living in it (which of course he is, and the investor knows).
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29 September 2016 | 0 replies
I have had numerous businesses through the years but it was serious health issue and the realization that disability social security payments would not allow me to live that made me want to build a successful RE portfolio.
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24 October 2016 | 11 replies
So you pay to enter.. and boom, you pay for the product and the club gets even more money.I only attend those that are 100% no GURUs and no sales allowed.
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3 October 2016 | 6 replies
This feature does allow you personally to borrow up to 50% of the plan value or $50K (whichever is less) from the plan for up to 5 years.
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3 October 2016 | 2 replies
Keep in mind that most banks will require you to have 2 years of rental income before they'll allow you to count that income when calculating your debt-income ratio.
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30 September 2016 | 4 replies
If you are buying it as an owner occupied you can do an FHA 203(k) which will allow you to buy it and then have the bank loan against the future state of the house.
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1 October 2016 | 11 replies
This will allow you to hold on to your savings for making your first non-owner occupied purchase.