Brian Wall
Flip a short sale flip?
4 September 2009 | 5 replies
I imagine the lender on the short sale, would be a factor, as well as how many liens.I assume it would be a small percentage of the expected future gains (basic formula that net present value is less than future value).I am looking for any and all constructive criticism.I am not just looking as a "provider" of deals, but also, if I were to approach realtors, what could/should I offer them, as cash up front, to bring me a deal.
Jeff Tumbarello
FRB_MoneySuppy_1959-2009_090609 - The Future With Some Disgusting Clarity
8 September 2009 | 1 reply
If we enter into a period of inflation, and we all know the bank's lending rate will be inflation plus some percentage, yet the bank's borrowing rate will be near zero, the bank's spread between the two rates could be astronomical.Bank's crazy like a fox, and who's the sucker?
Jarnal Harper
Partner Etiquette
9 September 2009 | 3 replies
As far as percentages go in the partnership, it can be structured many different ways.Some examples: A brings the money, B finds, negotiates, contracts, closes, and manages the deal: 50%/50%A brings the money and the end buyer, B does the rest 65%-70% for A, balance for BThese are just examples, keep in mind everything is NEGOTIABLE.The real key is having two people with the same goal on the project and the same attitude, but with differnt aspects they bring to the table.
Account Closed
What areas do you like?
12 September 2009 | 21 replies
As the price of a single family home goes up the rental rate seems to go down (percentage wise).
Thomas Loughran
How do you crunch your numbers
8 September 2009 | 2 replies
You use what is called the MAO(Maximum Allowable Offer)formula which is: % of the ARV - Repairs - Assignment Fee = MAO The percentage of the ARV is dependent on the market conditions.
Rael Mussell
For Flipping Consideration? Have I missed anything?
14 September 2009 | 6 replies
Requirements and caveats: FHA requires 90 seasoning of money so we wouldn’t be able to flip to FHA buyers for 90 days (Largest percentage of buyers).
Rael Mussell
Everyone else is too slow?
4 February 2020 | 12 replies
The percentages say if you are new that you will never do a deal and just waste their time.
Michael Scott
Easiest Lenders to work with?
17 September 2009 | 10 replies
Plus they take a good percentage of BPO/Appraisal.
Gamal R.
Tenant has poor credit
21 September 2009 | 12 replies
But I am weeding out a larger percentage than I used to.
Roc P.
One Water Main
21 September 2009 | 2 replies
Sub-meters are available(Daniel Jerman Co.) for about $50 each and hold tenant accountable for actual water usage and not a percentage.