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14 May 2014 | 5 replies
He's already submitted an application, I've verified employment, his income is substantial at $120,000 gross, his record clean, he and GF are in their 50s and my Facebook snooping has shown no issues either.
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14 May 2014 | 2 replies
You May have been to a Guru seminar if..........You believe brokers will continually submit deals to you although you have no capitalYou believe lenders look at the property ONLY when considering whether to lend you money, so that your multiple bankruptcies, credit score of 490, and $80,000 in credit card debt won't matterYou think that commercial real estate sellers will accept post dated checks for $100 as sufficent earnest money.You believe no seller is sharp enough to see through the numerous “weasel” clauses you put into your purchase contractsYou are persuaded that the only difference between a $1000 transaction and a $1,000,000 transaction are the amount of 0'sYou believe everyone who critsizes your plan is jealeous and wants to see you failYou believe that 20 years of hands on experience, a four year college degree in real estate and yearly mandatory education seminars can be trumped by the “intense training” 3 day seminar you just paid $7000 for.You believe that the $7000 you just borrowed on your newly increased credit line to pay for that seminar is an “investment”You can't believe people actually wasted $80,000 and four years of their life learning “useless” information in collegeYou believe assembling your real estate “team” is your key to success and a necessary first stepYou believe you can actually contract with the best “players” in the industry although you have no experience, capital, or track recordYou believe that once you find the deal that fits the formula money will come to youYou believe that your Guru has provided you with exclusive information on how to find “bargain” dealsYou believe one in a life time “steals” are an everyday occuranceYou believe you can be successful working “the system” on just weekends and holidaysYou believe the Guru got rich by actually doing real estate deals rather than by using a slick promotional sales and training systemYou believe the personnel provided to assist you are actually real estate investors who actually have experience and knowledge and aren't just some failed salesman reading from a scriptYou believe you're the first person to think of using BiggerPockets as your source of wholesale leads or to build a buyer listYou believe wholesaling is investingYou think the term is “whole selling” not wholesaling.
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18 May 2014 | 20 replies
The law applicable to the deal is to that applicable to the state where the property is located, absolutely not where the seller resides, a NV agent doesn't even need to be involved at all.
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3 March 2017 | 14 replies
When screening applicants you not only screen for ability to pay but additionally your ability to collect when they do not pay.
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21 May 2014 | 10 replies
I said these contracts have fallen out of favor with me arising from two matters dealing with executing deeds and circumventing foreclosure law together with Dodd-Frank if applicable.That said, since Dodd-Frank is not applicable, a contract for deed would be preferable in your case as an installment purchase, the remaining deed issues can be addressed.
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16 May 2014 | 2 replies
I found an article that rated of the best FREE conference call and web collaboration application for meetings.
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26 January 2018 | 79 replies
Yes it can.However, those are separate ideas that are being combined and then implied to have universal application and they do not.
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31 December 2014 | 55 replies
@kyle k……there is a mold removal product that will remove the mold without tear out of the drywall…….its called Gold Morr and is only available through certified applicators.
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21 May 2014 | 19 replies
Otherwise I'm looking to see if the facts match the application, especially the prior addresses, which are listed.
15 May 2014 | 5 replies
My question is this, how will the decision on whether to rent us an apartment be made given the following:Her:Very good creditIn the militaryHas significant savingsMe:Not so hot creditA defaulted student loan (I'm currently rehabbing it)A released tax lienSmall amount of savingsExcellent rental historyThe apartment we are looking at is WELL below the housing allowance given us by the DOD.Would one half of a couple cause a rental application to be denied?