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20 April 2018 | 4 replies
if you are getting your CPA, you will need to take enough credits to get a masters anyway. you could take a bunch of simple classes just to get the credits, but i'm a strong proponent of learning something when you can. between those two, is the masters of accounting an MS, or an MBA with a concentration in accounting?
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21 April 2018 | 3 replies
My lender suggested finding a co-signer but had no luck finding the right friend/family member with the right credit or willing to co-sign.
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23 April 2018 | 6 replies
If this were you, you would........Assumptions: house under contractBuyers credit: not greatBuyer has equity in primary residence.Purchase price: $365kDownpayment: 10%Rehab: $50kARV: $600-$620kBuyer has a HML willing to do 10% down on this contract.
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22 April 2018 | 5 replies
This is not a "cash out" situation but you don't have to fund the rehab.I'm doing things a little differently in that I'm getting a line of credit (from the 1st mortgage lender) to cash out my equity created.With commercial, it's BRRRR on steroids all at one location and, in many cases, it can be managed by professional management companies.
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26 April 2018 | 7 replies
You are buying the house worth i.e. 120k and you are getting a 60k credit for taking the land, so you pay 60k at closing.I recommend everyone interested in the sub100 markets to spend a day in the shoes of a property manager in that area before pulling the trigger.
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20 April 2018 | 13 replies
Make sure they make 3 times rent, minimum credit score depending on type of area, no past evictions or collections or bankruptcies on credit.
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24 April 2018 | 5 replies
Just sold my oldest rental unfortunetly, to pay off all credit cards!!....
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25 April 2018 | 10 replies
I plan to refinance in couple years. 5.50% is high and I was very surprised at the quote with my credit being 800.
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21 April 2018 | 7 replies
Pardon the poor analogy, but is it like using the property's equity like a credit card?
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23 April 2018 | 5 replies
Credit is 740+/-Work in property management and am a realtor in MN