Jenice Edmonds-McDaniel
Finding Home owners
7 September 2006 | 4 replies
here in MD it's on the state dept. of assessments and taxation website. even DC has one to look up the owners.
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Is there anything important to know about condos?
26 August 2006 | 1 reply
The other biggie around here are assessments.
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I'm looking for income producing properties ?
7 September 2006 | 18 replies
your objectives or goals to maximize subprime financing should be to maybe hold the property for 1 - 2 years, (You may have to eat a 1 o 2 year prepay but it will lower the rate from a loan with a zero prepay,)while you build your credit back to an a-rating, then refi your cash out for more investment projects. theirs tons of new products, on the market that fit your particular scenario, such as the option arms, option arms give you the luxury of choosing/paying your mortgage 4 different ways each month.. 30yr P&I, 15yr P&I, Interest only, or whats called Neg am(Negative-ammoritization)the neg am, could allow you to get into a million dollar home for like $3k a month, they have 1% start rates.. these loans are really good for short term properties, like a year or 2.. especially if the property is in a desirable market..
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would like to invest in a comercial project
21 October 2006 | 4 replies
Dana:There are private and national lenders who will lend up to 90% LTV for all types of cash flow properties.appartments, office complex units, mobile home parks, self storage units, and even mini mart / gas stations.These are 10 yr notes/ amortized over 20 - 25 yrs.
Mike Smith
Going to look at my first MH park
30 August 2006 | 3 replies
Self-storage and mobile parks are the hot commodity now.What I look for in a park is one in a jurisdiction that favors or at least has some favorable safeguards in the statutes for the landlord.
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Best Loan for my first flip.
30 August 2006 | 6 replies
When your flipping a property (unless you plan on fixing it up your self first) you really don't need a loan because you will never truly own the property.
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About to close on my first condo...and a few questions...
31 August 2006 | 4 replies
Make sure you have a percentage (usually 20%) set aside from your rent for overhead like when the condo isn't rented after a tenant leaves (unrented days), repairs, HOA dues, utilities you pay, condo assessments, etc.
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First Time
24 March 2007 | 7 replies
Corporations allow you to isolate and disconnect should things ever go wrong.A corporation will help you clone your self, so there will be two of you so to speak.
Beth Collingz
Condotel Investments in the Philippines are Better
2 September 2006 | 0 replies
However in a Condominium Hotel, during the time they do not occupy their units, they have the option to rent out their Condo through the hotel management and receive rental income on their property making the ownership of a unit an income generating property and self-liquidating investment with hassle-free property management as the hotel can rent out their unit, with all the services provided, by day, week or month.
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Best way to make this deal happen
9 September 2006 | 0 replies
Now in my calculations the following numbers are really thin to the point of not working when I take into account the hard money fees and holding cost that would be assessed.