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21 July 2018 | 23 replies
Total property income MINUS yearly expenses Equals either positive or negative cash flow.
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24 July 2018 | 4 replies
Your best bet is to sit down with a loan officer and discuss your plans - they will be able to tell exactly what you can and cannot do - you may also want to consider getting prequalified so you know how much you can buy and what your payments would be - this is especially useful in running your numbers to see if a property will cash flow or not.
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21 July 2018 | 37 replies
Bet you a Coke they can't.Treat this property as if you were buying it off the MLS because that is exactly what you would be doing.
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18 July 2018 | 3 replies
It totally depends on the investor.
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15 September 2018 | 10 replies
The shift likely won't be as drastic, but there will be a shift.Nobody really knows how the market is going to react to school starting this year - buyer and seller behavior has been a little bit different than in previous years so we might see something totally unique this year.
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25 July 2018 | 5 replies
A hard money lender gave me this quote and Im trying to figure if its a good deal also, its on a 2 fam building in upstate Ny, if anyone can give advice please respond to me publically so other people can lean as i am. thank you. im going to try to post this on other threads because its time sensitive Loan Amount: Total loan amount of $63,750 or 65% of After Repair Value, whichever is less (Subject to appraisal, inspection, applicant interview and additional underwriting.
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21 July 2018 | 12 replies
I am in total agreement on the experience comment.
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7 November 2018 | 2 replies
I'm in the UK medium term barring total economic meltdown from Brexit should that occur, so the tax situation is what it is for me until I make it big enough to pay the non dom fee perhaps
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26 July 2018 | 8 replies
This why vetting upfront is so important.On the other hand, a larger contractor may have real assets in the company or even a reputation that they want to protect so they want to find away to avoid getting into legals which waste time and money for them.With respect to contract size, in reality anything under 100K is not worth a full blown lawsuit as the legals will eat you alive even if you win; small claims court may be your best bet if you are OK managing the process or maybe using a paralegal.On the emotional side, I strongly urge you to put that aside.