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18 September 2017 | 3 replies
My question(s) is what are all the little things I should do in order to make it as easy as possible for my partner and I to get the deal, assuming the one we chose is a good one.Details: Flipusing partners cashusing partner work (contractor)I will help with workworking with my agent for buy and sellSomething my agent asked was whose name would offer be under, my or theirs and already discussed profit and work splits so that is not an issue.
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17 September 2017 | 2 replies
I am not working with a realtor yet but have obtained the name of a local realtor who specializes in foreclosed properties.
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26 September 2017 | 6 replies
I am not a financial whiz or a commercial giant by any means, only that I know if we sell this property, the buyer is going condo route, so why couldn't I go that route.I am guessing my biggest mountain at the moment is how could I even possibly get financing for a 30-40 unit complex since in theory we are talking in the multi millions.
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17 September 2017 | 7 replies
Ok so I have a coworker who's looking to buy a home in the same area I've decided to invest in he's getting a mortgage in his name and asked if I would be willing to put up half the down payment and split the cash flow between the two of us has anyone done this do you have any suggestions any horror stories any success stories.
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17 September 2017 | 2 replies
My Private money lender is in limbo right now and im considering useing my CCs, this 4plex might go for 25K and i have a total of 50K combined CCs limit, Im considering buying the 4 plex on my CCs, This is for BRRRR but my questions are:Can i buy the house with my CCs in my name and Refi into 203K to get the rehab completed?
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17 September 2017 | 1 reply
Im me and I'll give you a good name.
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18 September 2017 | 4 replies
My name is Tresanne and I am a complete newb to real estate.
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25 September 2017 | 24 replies
@Odie Ayagaof course - if there's enough equity to cover the sum of all debts, there's profit.the biggest challenge i find when i look at a foreclosing property is to "know" how many loans does it have, and so there may be an unseen debt from senior positions.of course i could run a title search but its not fun to spend a hundered bucks on every property only to find out 90% of them are underwater.
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18 September 2017 | 5 replies
Hi Billy,Sounds like an ok deal to get your feet wet.As you listed out there are pros and cons to the nicer areas vs lower cost areas to invest...the biggest challenge others face in your shoes is actually pulling the trigger and getting the first deal on the books.
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18 September 2017 | 4 replies
My name is Josh and I'm new to REI.