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30 March 2016 | 1 reply
Now they will use a percentage of the Unpaid Principal Balance (UPB) of each loan.The percentages are based on the number of financed properties:2% of the aggregate UPB if the borrower has one to four financed properties,4% of the aggregate UPB if the borrower has five to six financed properties, or6% of the aggregate UPB if the borrower has seven to ten financed properties (DU only).The aggregate UPB calculation does not include the mortgages and HELOCs that are on the subject property, the borrower’s principal residence, properties that are sold or pending sale, and accounts that will be paid by closing (or omitted in DU on the online loan application).
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4 April 2016 | 6 replies
There is a lot to learn but you can get balanced information here and every sort of opinion, both balanced and un-balanced. ;) Best of luck to you.If you know anyone in St.
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10 August 2016 | 29 replies
The risks assumed by each aren't in balance, consideration isn't equitable.If you want to get by on the cheap, use an EM Note. :)
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14 January 2016 | 2 replies
Then I would find a way to have whatever the balance is paid off in full"If the purchase price is more than the existing financing, I try to convince the seller to take a promissory note for their equity in the form of a second mortgage or second deed of trust, no payments for five yearsI tell the seller that they'll get all their money at the end of five years
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21 March 2016 | 13 replies
. - A conventional loan (also tax deductible) and try to take advantage of being able to cancel it with Automatic termination when my mortgage balance reaches 78% of the original value of the property (no appraisal) or Final termination when I reach the midpoint of my loan when it's interest-only product, have a balloon payment, or were given forbearance by my lender. - Or avoid mortgage insurance altogether while putting no money down by utilizing a combo loan.
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14 December 2016 | 0 replies
Market-based measures of inflation compensation have moved up considerably but still are low; most survey-based measures of longer-term inflation expectations are little changed, on balance, in recent months.Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability.
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26 January 2017 | 4 replies
Now the terms at these auctions are usually $5,000 Deposit in Cash or Certified Funds due the day of auction; balance to 10% due within 5 business days, and Close in 30 days.
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29 January 2017 | 22 replies
Restoration of previously used entitlement is possible if the property which secured the VA-guaranteed loan has been sold, and the loan has been paid in full, or an eligible veteran-transferee has agreed to assume the outstanding balance on a VA loan and substitute his or her entitlement for the same amount originally used on the loan.
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9 July 2016 | 10 replies
Flip2freedom episode 77http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/ - LISTEN TO THIS TODAY!
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8 March 2017 | 0 replies
Is it better for the LLC to record no depreciation (i.e. carry the real estate on the balance sheet at its fair market value) and then maintain a book-tax difference each year?