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21 September 2018 | 3 replies
I hate to be the barer of bad news but financing you very first flip is one of the very worse things you could do simply because of murphy's law and if anything goes wrong with your flip you are still on the hook for paying back your loan and once you get a black make on your credit it will take years to erase that off your record if at all.
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24 September 2018 | 2 replies
Now I guessed my interest rate using my my credit score and a few websites so I don't think that is the best way to get them and if anyone can give some insight on how to get more realistic rates I'll really appreciate it and ill refine the report.
19 September 2018 | 2 replies
the standard for 1031 is that you must have purchased the property with the intent of holding for productive investment use.
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28 November 2018 | 12 replies
A third party appraisal usually has to be done and then the appraisal created, the title company also has quite a bit of paperwork to complete.One option would be considering a personal or business term loan/line of credit so that you have cash in hand to play with the cash buyers.
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21 September 2018 | 2 replies
So far I haven't been able to find a bank or credit union who's willing to put that on paper with one of the biggest factors being my self-employed status and only having one years worth of taxes at the moment.
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20 September 2018 | 5 replies
Shop within your credit limit, so to speak.For your investors:"They'll get a higher return due to the lower management fee."
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20 September 2018 | 10 replies
Or, go further into debt trying to take care of these issues... which doesn't help either because then you are now paying down that debt (credit card or what have you) and your mortgage/other expenses.
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10 October 2018 | 45 replies
I didn't know anything about credit, income statements, balance sheets, debt, leverage/etc before college.
20 September 2018 | 5 replies
You don't need money or credit to buy properties.
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23 September 2018 | 12 replies
Also, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.)