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11 October 2016 | 13 replies
There’s typically a good mix of attendees - usually one or more attorneys, a number of agents, many experienced investors, landlords, flippers, rehabbers, contractors, lenders, etc.
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15 September 2016 | 5 replies
Hello all, Im looking for private money to buy a 6 unit apartment to reposition and refinance in 6 months.I am looking for lenders who can do better than hard money which is at 12 percent and also commercial lenders who can help me pre qualify for refinancing the property after.
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13 September 2016 | 2 replies
Hey Everyone,I'm interested in learning more about unique opportunities to purchase rental properties.
19 September 2016 | 2 replies
When I was a full time agent in Chicago I always checked the status of attorneys, lenders, etc, on Yelp because the good ones are almost always there.
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14 September 2016 | 0 replies
My lender told me I could not use it unless I have 25 percent equity in my current home or my place of employment is closer to the new home.. is this true and has the rules changed?
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14 September 2016 | 4 replies
Second, would lenders view this negatively?
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16 September 2016 | 3 replies
@Charlie Fitzgerald what is a typical practice with hard money lenders?
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15 September 2016 | 2 replies
I may have access to a private money lender, but the individual I have in mind may not be able to front the full portfolio.
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16 September 2016 | 2 replies
I have a question for all the FHA Expert lenders out there..My second (freelance) job takes me out of state occasionally.
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28 October 2016 | 3 replies
I've read through the contract and will summarize here with simplified numbers (not the actual numbers) what I believe the contract says and follow up with some questions for you more knowledgeable members:1) Purchase Price: $100k2) Initial Down Payment: $10K3) Buyer pays seller monthly payments based on 30 year amort of 90k at 5% which is $484/month4) Remaining principal balance to be paid off on the defined Closing Date (roughly 2 years from now)5) Buyer pays taxes and insurance6) Buyer to provide Seller a Loan Commitment from a Lender on or before the Closing Date7) Seller will transfer Deed when Buyer pays full Purchase Price8) Buyer will pay the Seller's existing monthly mortgage payment that exists on the property, which is $100/month, directly to the bank.