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16 December 2014 | 39 replies
Every agent should know that in a loan mod, a portion of the principal is temporarily "put on the side", usually about a third, for the sole purpose of calculating a new lower payment (ie 2% interest, 40 year amortization) on the remaining lower balance.
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10 November 2014 | 4 replies
Yes, and maybe...under these conditions:1 - The remaining cash flow meets your minimum cash flow per house (everyone is different here, and the market you are investing in plays a role.
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27 November 2022 | 14 replies
From today's J Scott post (which prompted me to post this topic), a big buyer in his area terminated a contract "because they got their funding pulled" and the unanswered question remains is it a sign of things to come?
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4 April 2013 | 10 replies
Sometimes there won't be enough income with the remaining people to be able to afford the place.As posted by Donald above me, if you let one out (a release from the lease), that leaves you with one fewer party from which to collect any money owed to you.
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8 September 2011 | 16 replies
Either way, my main point regarding mee removal from a home or building remains the same, to avoid bees from infesting in the same area again, the phermones must be removed and thus the area needs to be cleaned and treated regardless if the bees were killed or removed alive.On a personal note, I have tasted the most delicious and most fresh honey straight from a honeycomb from an infestation.
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3 July 2006 | 2 replies
We would live in one and rent the remaining three out as income!
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19 May 2019 | 5 replies
I'll subtract the maturity date and next due, but then check it by calculating the remaining payments using the P&I, interest rate and UPB.
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5 June 2019 | 54 replies
talk about addiction... a month after that talkHouse 2 $64K: used the remaining cash as a deposit for a duplex rented with long term leases renting at $1350(month)house 3 $49K: refi the first house @($27.5K), appraisal came out a little higher than what i paid.
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9 November 2020 | 62 replies
I still remain unimpressed with the basic communication.
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19 June 2019 | 17 replies
Ensure that the roof and HVAC life expectancy is figured in.If you purchase a $1,050/mo rental for $85k, you'll have $17k in the down payment and a mortgage for the remaining, $68k.