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11 October 2007 | 3 replies
You might want to check online for some good companies that offer that service, for if your a person that can do the loan and not start it this is your best bet.
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11 October 2007 | 8 replies
but this is a long term for me and my wife, and my wife is against the flipping thing anyways for our own deals..which keeps me grounded and focused when the eagerly part of me say emmmm..what if ...I am in kansas, which as you all know is a steady market... appreciaction is 3% on average on house like that...5% in a very good year... but I feel is a fair deal ..since I am paying $54,720 + 2% concessions from seller and with 2 to 3K in repair expenses a minimum fair market value would be $65....could really be listed for $69K and sold quickly.I guess the only thing that bothers me. is the Cash on Cash calculation and RoR...I was given the impression from a lender that I could get a 100% loan a couple of weeks ago.... which turned to be b.s. as you all know for investment property this a thing of the past (maybe couple a month ago was available)....
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31 October 2007 | 20 replies
So, if you plan lots of transactions or a large balance, this may be your best bet.
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17 October 2007 | 10 replies
I thought it would work.Also 100% of the income on the incorporated rentals will be used when calculating my debt ratio on the business side. on the personal side, only 50% of my rent income is used to offset the 100% of my mtg pmts.
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23 October 2007 | 11 replies
I'm betting my real estate lawyer is smarter than their lowlife, legal aid, scumbag lawyer!
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23 October 2007 | 11 replies
To really contribute here, I think my best bet is to try to remember:a) Not everyone knows what I know-- no matter how basic-- and to try to share detailed information on what I've done as time permits and,b) Remember that it's not just about the nuts and bolts and the how-to, but about keeping the right attitude, and bearing in mind that my own unique way of looking at something and my own attitude and approach to life may be as big an eye-opener to another person as all the specific techniques, and strategies I use.Thanks for your time and have a wonderful biggerpockets dayDitto :beer:
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25 October 2007 | 24 replies
All ready calculated in schduled gross income.I currently live in the building and the area is descent.
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9 November 2007 | 22 replies
This is a 1 acre lot in a very affluent area and I bet the land value is worth around 80-90$ to begin with so it may been a good deal.
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2 November 2007 | 6 replies
Scanning, Word versions and other things are all likely to be illegal.Maybe you take a calculated risk.
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12 December 2007 | 5 replies
In that case the best bet is the seller.