Paul Spangler
Advice on buying a multifamily with an FHA loan?
17 October 2014 | 3 replies
To restock the coffers the better underwritten loans today have really high insurance to boost their coffers again and make up for losses.
Steve K
How would you structure this?
13 November 2012 | 8 replies
Moral of the story, just because you make a balloon doesn't mean he can get a loan and pay you off.One of the other hot buttons and perhaps a little story segment is whether the current taxes and insurance are in place and paid.
David Tardy
Building credit from scratch... How Long/
5 August 2017 | 11 replies
Getting a parent to add you to one of their cards as an authorized user, it instantly boosts your credit history.Get a store card, and only buy a few items that you'll pay off every month.Etc.
Kevin Moules
How do your structure your Private Money Deals?
21 October 2018 | 6 replies
The more trusting and less sophisticated, the easier it may be - but that also means you have a huge moral responsibility toward these people.As you do more research, and more importantly look at deals and have these conversations with your network, these things will get easier.Don't take my word for it.
Ethan Au Green
Unique Tax Lien Situation in Colorado
4 November 2018 | 6 replies
It also makes you look professional and moral and ethical when you suggest that you would like to lease option but you want the seller to have representation that is in their best interest..It takes you completely off the hook for anyone coming back after the fact and accusing your of taking advantage
Thomas Hickey
Online rental payment ?
13 October 2017 | 9 replies
And its significantly boosted my on time collections.
Tim LaBorde
Will Real Estate Agents Become Obsolete?
16 October 2015 | 55 replies
McDonald's knows that it's customers don't have high expectations, so implementing automated serving systems will decrease their labor costs and boost their bottom line without taking a huge hit on the top line.Now let's compare that to making the largest financial decision of one's life.
Mark K.
Reits vs rentals
25 January 2024 | 7 replies
Plus, the tax benefits from a well-handled 1031 exchange, deferring capital gains taxes on your rental sales, can really boost your financial gains.
Bienes Raices
EPA "lead paint certified" electricians, drywall, plumbers?
23 December 2011 | 11 replies
Many won't.The extra costs will reduce the purchase price which complicates it more for everybody.I am not debating the morality or ethics of it just saying real world what I am still seeing going on.Banks are the worst.I have a friend who does property preservation with his own company.Banks want him to go and cover things up in Atlanta for mold,lead and everything else.He tells them they need protective gear to enter and the cost and they say just mow the yard and winterize and trash it out and that's it.Many times the banks have him go around to give bids but the bank never does work they just have to show they got bids from people.So it's ALWAYS about the money.
Luke Boff
Purchasing with cash first and then obtaining a mortgage.
11 September 2021 | 8 replies
The whole idea is that the rehab boosts the ARV, allowing more cash out.