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30 March 2015 | 23 replies
Take a look at this example transaction from a lender website:https://www.efirstbank.com/products/credit-loan/retirement-based-real-estate.htm
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22 November 2013 | 4 replies
Feel free to comment, this is more of a brainstorm thread, so i and other real estate investors have more options to think of when funding a deal.
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22 November 2013 | 2 replies
That is usually the role we take in the transaction and as the group sponsor I am willing to give up a portion of my profit of the deal to a high net worth individual who signs on the loan.
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22 November 2013 | 9 replies
What about having the seller finance the transaction on a shorter term note while you fund the repairs and then refi out?
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24 November 2013 | 6 replies
If you can get that conversation going you may be able to get the agent to reveal their real need to sell.You will have a difficult time in getting the realtor to have their sellers agree to this type of transaction due to the risk it poses to their client's credit and the due on sale.
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5 December 2013 | 8 replies
But, when it comes down to money, time and effort, hardship of living in a travel trailer, an equitable offer may change minds.There are so many arrangements that a fix and flipper could employ that the possibilities are endless, and doing so that really does benefit the community and the owner, certainly not vulture tactics.I'd say too, that in such situations, with an investor buying as a business transaction, seller financing would certainly be in play, at least in the short term so that improvements can be made and the property marketed while getting some cash to the owner to get over the hump.I'll stop there, but opportunities come out of all kinds of hardship situations, you can't help the fact that some devastating event occurred, attempting to do business is not wrong so long as you approach it with the right attitude keeping in mind the community and individual trauma involved.
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2 December 2013 | 18 replies
Account Closed you didn't throw a simple transaction out there but it is something you will run across.
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1 June 2015 | 33 replies
In order to get the high yield, you had to make at least 10 debit card transactions per month.
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26 November 2013 | 30 replies
An order from a Federal bankruptcy judge would trump any state law and absolutely would stop the sale or reverse it if it was allowed to proceed.As for the junior liens, I can't imagine the lien holders not petitioning the courts alleging fraud in the transaction.
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26 November 2013 | 26 replies
I would in return send them leads I found that might be good investor deals. 18 months later, 20-30 transactions down the road at, I now have more cash coming in than expenses, created great relationships with lenders and contractors, and am now in a position to start buying.It wasn't fast, it wasn't sexy, it wasn't full of clauses and contingencies, but I was neck deep in real estate the whole time, helping people with problems, and that was my passion - as I am sure it is yours.So, my opinion, which may be the slower route, is get into Real Estate somehow, work for someone, and investor, management something.