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9 July 2015 | 6 replies
So in other words, even though you might have an LTV of 25% the bank may not let you get back the money you put in as then they will be the only one with skin in the game.
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3 July 2013 | 10 replies
You can work 5 days a week under an accounting firm, while learning and reading a lot, engaging on networking events by realtors during the weekend, then slowly join and inquire on the process of becoming an investor or a realtor through a real estate company, work you way out while still maintaining your accounting career.In the end, if you are able to maintain both opportunities, you might find yourself getting more options in the future to nourish yourself professionally in other industries.
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7 July 2013 | 12 replies
Plus I got the Cash Flow game.
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9 July 2013 | 10 replies
Now on the final coat he is playing the same game of not answering my calls or texts.
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2 July 2013 | 6 replies
If you mean for getting a loan, then anything is fair game.
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13 September 2013 | 16 replies
I am impressed that and you already noticed opportunities in tear down and rebuilding this early in the bowl game.
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13 December 2013 | 13 replies
Congrats on jumping into the game!
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3 July 2013 | 5 replies
No real rule of thumb to say a discount will be X%, depends on many factors.I agree with Wayne that you'd be better off with private money, problem is they are usually short term, but there are some little old ladies that would love to get 8/9% for 10 years for the grandkids, but that has other issues too.Now, if you're buying a 100K property for 70K you might do a 90K loan and you may get the 70K, the trick is not to go over the market value of the property and show that you have skin in the game or compensate for the skin like a pledge of other assets.
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3 July 2013 | 5 replies
I am just getting back into the business after a hard reset in 2007. Looking to invest locally as I have learned working with properties even 30 miles away can be a pain. I intend to focus on preforeclosures and I w...