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4 June 2020 | 86 replies
If two offers are equal and one has no inspection contingency, of course the seller will pick the one that has less risk (no inspection).
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23 January 2021 | 11 replies
Just because there’s a doorbell, it isn’t an invitation to push your religious beliefs on people.
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5 June 2020 | 7 replies
This way I could cover any maintenance/vacancy issues that might arise.For example, if I was buying a $150,000, 4 bedroom/2 bathroom house and my PITI payment was $1000/month, I would want the rents for each room to be $500/month (3 rooms times $500/month equals $1500/month).The criteria I eventually came up with was:-For a 3 bedroom/2 bath, I needed to find something under $130,000-For a 4 bedroom/2 bath, under $200,000In my area, the 4 bedroom/2 bath was a more possible scenario.So, I began looking on Zillow and listings with our local REIA.
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11 June 2020 | 36 replies
More importantly your religious beliefs are private and of no issue to anyone but yourself. 4.
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5 June 2020 | 5 replies
I'm choosing to do so because even though they will take a larger % of my commission, I've heard that not all realtor groups are created equally.
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7 June 2020 | 16 replies
You have to decided if it’s worth it to you to deal with getting the tenants out.Or maybe, if you’re confident in your ability/intention to buy, offer him equal to 6 months of rent as a non refundable deposit.
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17 June 2020 | 9 replies
Borrower shall open its primary operating account with the Bank with a minimum quarterly average balance equal to 50% of its monthly rental income.
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10 June 2020 | 3 replies
As bank can hold liable to 2 people rather than one.About the LLC: it is general laws, and since we changed the title under that LLC, I and my partner are both liable for the loss or share benefit in equal amount (since we have 50% partnership in LLC).Thank you Steve, please post if I am wrong in any of the understanding.
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14 June 2020 | 5 replies
But usually this is done when you have 100% equity and the price plus the repairs are equal or less than 75% of what that property is worth after the repair.
11 June 2020 | 6 replies
@Joseph M'MwirichiaHere are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.