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3 November 2014 | 5 replies
There isn't anything that will look strange to the title company about you receiving the excess from the payoff, because the property is titled to you.
2 November 2014 | 8 replies
Tell them the $ will e in an account until the next deal arises and once applied they will be notified and the repayment profits will start.My thoughts are take it while you can get it and find a way to make it work so you can build a long term relationship with them and do bigger deals later because you never know when you might need that $ and if they dont invest it with you now it may disappear or be invested elsewhere drying up your source.Just my opinion but hope it helps.
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9 December 2014 | 19 replies
The cash flow wasn't here (at least the type of cash flow I desired), and wholesaling has dried up a lot and I couldn't find anything to flip.
3 November 2014 | 17 replies
But it's also tough to raise rents & keep tenants if they are paying excessive heating costs.
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5 November 2014 | 6 replies
The level just before the market dries up and you outprice the renters.
5 November 2014 | 8 replies
I have 1 rental and normally ask for first month rent ($830) plus a deposit ($500).seems like renters just move out after the lease is over and treat the deposit as part of their last months rent.... so i end up with actually no deposit so no leverage for excessive wear/damages.
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7 March 2016 | 7 replies
Then if you don't get it the excess funds would go to lower lien holders then the foreclosed former owner like any other one.
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23 February 2018 | 36 replies
This shows that you do not excessively use your available revolving credit and that you have a buffer to absorb emergency spending.
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10 June 2015 | 26 replies
As to using an agent, seems pretty cut and dry, unless you want to pay more in commissions.......???
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9 November 2014 | 9 replies
After receiving this initial interest, the calls have since dried up, and I am considering Zillow as my next marketing avenue.