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9 September 2017 | 8 replies
Let's pretend it's a generous 1 yr CD with no early withdrawal penalty.7 year CD: 2% and penalized six months of interest if you pull funds out early.If you pull funds out after exactly 12 months, it's a wash:1 yr CD @ 1 yr: $10k * 1% = $100.7 yr CD @ 1 yr with penalty: $10k * 2% - [$10k * 2% / 2] = $100.After 18 months...1 yr CD @ 1.5 years: $10k * 1% * 1.5 years = $150.7 yr CD @ 1.5 years and penalized six months of interest: $10k * 2% * 1.5 years - [$10k * 2% * 0.5 years] = $200.So there's your low risk / low reward "CD hacking" tip of the day to get rich by earning an extra $50 on $10k after a year and a half.
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10 September 2017 | 3 replies
If schedule 'E' is all they have, then yes they should show it but to be honest, it does not tell you much of what you need and a lot can be hidden inside the numbers.
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15 September 2017 | 4 replies
I have $100-120k to work with through cash and a private lender, but I'm trying to find the best area to make some good rent.
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8 September 2017 | 3 replies
When me and a few friends had just a few units near each other we'd be like "hey.
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9 September 2017 | 5 replies
I am also thinking of using it for a couple of properties on my own too (duplexes) for the DTI issue mainlyWe are getting loans in the low 5% range with 25 year amortization and a 10 year lock.
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8 September 2017 | 1 reply
We are also looking for a surveyor to do as-stake and as-built.
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20 March 2018 | 6 replies
Of course, I am a novice in this field and am still trying to fully understand RE, which I am sure will take a few years and a few deals, so much of what I am saying and understand so far can be wrong.
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10 September 2017 | 2 replies
I was going through this old thread and a wholesaler noted that she sells at her contract price with no markup, but a 50% profit share. https://www.biggerpockets.com/forums/93/topics/174983-virtual-wholesaling?
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9 September 2017 | 2 replies
I'm looking for my first flip and as I was looking through a property yesterday I realized that I need a good form to fill out while I'm doing these walk-throughs.
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9 September 2017 | 12 replies
Hello All,I am looking at a property it has two apartments two bedroom units and a business in the front of the building.