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28 November 2015 | 17 replies
Those tenants tend to have plenty of life issues many with GED or not graduating high school.
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20 November 2015 | 0 replies
1.We have a buyer2.The buyer wants to buy 1,000 barrels/day in existing production3.Purchase price is $30M4.Our bank will lend 67% or $20M5.We have a Mezz funding source who will deposit the balance of the purchase price of $10M directly into our lending bank6.The Mezz wants to get paid off in 12 months with a 30% profit, so he wants $13M in 12 months7.The whole key to this deal is that the Mezz needs a Forward Takeout Commitment from a legitimate bank or life insurance company for the $13MFour questions, please:1)Can you provide a Forward Takeout Commitment for this situation2)I understand from the information that Gordon sent me that this type of letter costs 1 – 2 points and that is fine3)Will your takeout commitment provider charge anything to underwrite this deal and let us know if they are willing to issue a takeout commitment4)We are working on oil production deals in both the continental USA as well as Canada – are both locations acceptable to your takeout commitment providerI am really hopeful that the answer to 3) is no, because if it is, then we will put a solid production deal in front of you.Let me know – many thanksps.We are also developing several SFR /Modular Dev in Austin TX. (2016).
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13 December 2015 | 16 replies
However, life is not that simple.
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27 November 2015 | 4 replies
I hope to meet some of you in real life sometime, just by reading this forum I feel like I know some of you already!
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22 November 2015 | 6 replies
I agree with you Rick H.undefinedI've never met a successful real estate investor in my life, under 60 today, who had never taken a real estate agent's class and passed with the exception of two other professions, attorneys and CPAs or those that actually learned finance, law and general business.
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22 November 2015 | 5 replies
I wish you much success finding the path back to your family life.
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31 July 2016 | 9 replies
I've spent most of my life in Montgomery.
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23 November 2015 | 17 replies
The game changer is that it appraised for $180K and we all know that there are actually 3 certainties in life; death, taxes and that eventually, ALL real estate must change hands.
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22 November 2015 | 8 replies
I currently commute from Olathe to downtown everyday, so eliminating that from my life for good will also be a plus!
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2 December 2015 | 5 replies
I won't want to be for the rest of my life.