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31 January 2014 | 10 replies
if you have great credit, solid assets and great income, sure,,, it would be based purely on your financial situation and wouldn't be secured by any properties.Banks prefer to have something to secure a loan with, so an open line of credit will be limited by your credit and ability to pay.
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27 January 2014 | 3 replies
I guess you could do many (e.g. probate, divorce, absentee, code violations, etc.) but I prefer to do a manageable niche very well.I don't take all the calls as usually they leave a message and if not I google or whitepages.com reverse phone and find out who they are so when I call back I have a number ready to see if we are in the same ballpark.
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24 February 2014 | 8 replies
I would prefer to look more professional and not use my name or leave it blank.Thanks.
11 March 2014 | 38 replies
I prefer Atlas Shrugged to The Fountainhead.
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30 January 2014 | 25 replies
If so you'll need a real estate MBA, preferably from an Ivy League school and it will cost $200,000 or more to become an employee at a company that expects you to work 60 hours a week (or more) on their deals and not yours.
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28 January 2014 | 15 replies
Seller Financing - 15 years @ 7% (intended to keep but sold for a good profit)3, 4, & 5 Private Lender - Interest only loan @ 15%I was in my late teens then, so those were my only choices.
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14 February 2014 | 3 replies
Deep discounts to market value are possible, but, in our experience, rare {most markets in Canada are small enough that inventory levels are moderate and there is no need to dump the property}.Lenders - particularly the Big 5 banks - tend to prefer Power of Sale as it's more cost effective for them: No/less legal expense; they do not need to maintain the property while it is for sale; the owner/borrow is motivated to get the best price possible for the property (and not to trash it); and, if the property sells for less than the note, the borrow is still on the hook for the balance.
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28 January 2014 | 7 replies
I prefer deals where all partners have skin in the game.
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30 January 2014 | 7 replies
Personally, I won't look at anything that would rent for less than $400/month bare minimum and I prefer $500/month or more.
30 January 2014 | 10 replies
The numbers are stacking up and there is a major shortage of rentals, with double digit returns.Downside is I live in the UK but the returns in the USA are just too tempting but I will have to come over and be the project manager, I had nightmares on my first project in Siesta Key when I left the contractor to his own devices, so that will be my only choice