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6 March 2020 | 1 reply
Particularly the 4.125% interest rate on $174,000 for 27 years and how $1,584 comes into play;Scenario:Down payment amount required 20,000. 4.125% interest rate, $1,584 monthly total and 27 years finance of $194,000.Also, when doing a seller financed deal, is the price of the property negotiable or is it what the seller says it is since it is through seller financing?
7 March 2020 | 2 replies
Being inexperienced, I kept giving them more time hoping they would play catch up and pay the late rent fees.
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12 March 2020 | 10 replies
I think the smart play is refinance the building and take 100K or so to fix it up and then rent it.
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6 March 2020 | 0 replies
Tenant took good care of the property because they played a role in "purchasing" the home.
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6 March 2020 | 0 replies
Tenant took good care of the property because they played a role in "purchasing" the home.
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11 March 2020 | 19 replies
What role will they play?
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26 March 2020 | 53 replies
It will be interesting to see how it plays out.
10 March 2020 | 6 replies
Buy and hold for appreciation and principal pay down is likely your best play here.
7 March 2020 | 3 replies
I bought 14 new constructions during the Katrina go zone tax benefit play and so this is the last one I have to sell.