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20 August 2016 | 1 reply
Which in turn allows more competitive interest rate pricing to be offered to the consumer because the lender puts some of that extra profit in their pocket, and passes some of it onto you.These 5+ financed property loans have no special thing that helps it sell for more on the secondary market than Fannie's base offer price.
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13 November 2016 | 7 replies
Basically the clause states that the full loan will be called due based on the transfer of ownership.
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27 August 2016 | 29 replies
I set the value of my time based on my experience, knowledge and my ability to complete the project on time, on budget and at the level of quality you desire.
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12 December 2017 | 62 replies
If it's based on inflated market values and the sponsor has no cash equity at stake, you should stay away.The other problem is that in a down market, the loss severities can be substantial.
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22 August 2016 | 2 replies
I wouldnt pick a brokerage based on the best commission split.
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22 August 2016 | 17 replies
That number seemed to be uncomfortably close to their current mortgage balance, based on their reactions.
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22 August 2016 | 3 replies
Ideally, I'd like to get bids before I place an offer in order to have a good handle on the rehab costs and place my offer accordingly, but on the other side of the coin, I could potentially place offers on many different properties before having one accepted, all the while I'm getting bids from contractors for which the job for them doesn't materialize.Or, do I visit the properties myself and with my agent, make an very rough estimate of rehab costs, make an offer based on the estimate, and then bring contractors in for bids *after* getting the property under contract, then potentially renegotiate the offer price if the bids come in higher than estimated?
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21 August 2016 | 0 replies
What do you have the Bird Dog do, since the services can vary based on need and/or city?
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23 August 2016 | 20 replies
For now, I have 0$ but will adjust based on the results of the inspection.