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2 February 2016 | 5 replies
Most banks and credit unions offer a traditional cash-out-refi or a line of credit (LOC).
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30 January 2016 | 2 replies
When evaluating properties be sure to make sure they include the basics like: Real Estate Taxes Insurance Gas & Electric Water & Sewage Repairs & Maintenance Unit Turnover Contract Services General & Administrative Payroll & Benefits Marketing & Promotion Legal & Accounting Landscape & Snow Removal Trash Removal Management Fee Reserves for ReplacementsThese items at the very least should be included in any competent underwriting of a property, be it by a broker or the owner directly.
2 February 2016 | 42 replies
Well the traditional advice is "list to live."
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3 February 2016 | 4 replies
I tell my RE agent to tell the seller that I will pay to have any remaining items removed from the house and pay for a U-Haul if they close on the 9th.February 2 - RE agent calls me and tells me that they want to keep the February 29th close date because it would be too hard to "alter their schedule".
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2 February 2016 | 2 replies
These steep discounts are often well below what a traditional fix and flipper or landlord will pick up a property at.
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3 February 2016 | 4 replies
I'm having my local ins co try to find a product that's closer to a traditional homeowners policy but still covers my bookings and at a decent price.
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2 February 2016 | 7 replies
We've found that HUD estimates tend to be low for repairs especially when considering what kind of quality you really want in the property.You need to factor in any potential CAPEX, maintenance, common area utilities, water & potential reserves (Reserves are really there to cover CAPEX items)
6 August 2016 | 8 replies
Traditional Finance is limiting thinking.
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22 September 2019 | 13 replies
That's very similar to offerings from Fundrise and RealtyMogul, though Rich Uncles has I believe the lowest minimum among those three.While they tout their low fees (3% vs. 7-10% in commissions for traditional PNLPs), there's are also a range of other fees outside of that 3% that investors should be aware of to be clear on how Rich Uncles in particular (and its affiliates) are compensated.
6 February 2016 | 4 replies
And I was trying to get a traditional loan where I was putting 20% down!!