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22 September 2014 | 50 replies
We wanted to turn it over as quickly as we could to reduce holding costs, yet we both have demanding full-time jobs (teacher and mortgage industry) and two little kids (5 and 2).
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19 May 2014 | 5 replies
There is no magic number for liquidation since the capital demands on the portfolio will vary.
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12 May 2014 | 8 replies
If I remember it correctly, it basically said the muni couldn't dictate who was "family" and/or "related" or demand such a relationship of people living together.
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13 May 2014 | 8 replies
All buyers would take that, but the reality of finding it is a different animal.
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13 May 2014 | 11 replies
I wasn’t available because of business travel once and demands at other property the other time.During the signing they brought up that my wife mentioned that if they were to perform some snow shoveling duties they may be able to receive a break on rent.
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15 May 2014 | 10 replies
The podcast on HML was great, I think this type of loan definitely needs careful consideration but I have my eye on a flip that would be an ideal candidate for a HML (low cost property in need of rehab, great in demand desirable area, high resale potential ), now just to find a local lender or other short term financing...
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15 May 2014 | 26 replies
You might demand one to three days written or verbal advance notice for permission to enter.
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14 May 2014 | 1 reply
Over the years, there has been a growing demand for walkable communities.
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21 May 2014 | 10 replies
I won't do a CFD with a QCD, attempting to secure the property holding the door open for my QCD filing to be challenged or putting me at risk for doing an unlawful or wrongful foreclosure.Terms of an installment sale can be made, a note can be made representing the equity financed based on the sale price, but that note needs to be secured in another way than requiring a buyer to agree in advance to giving a deed in lieu of foreclosure.I think I mentioned, in most cases, in a default, when a borrower is presented with the facts of foreclosure and an option allowing them to do a DIL, in other words saying you would be agreeable rather than demanding a QCD, the owner will usually opt for the DIL.If there is significant equity, I have worked out a cash for keys deal many times with a QCD to avoid foreclosure.I mean, I have stood at the courthouse steps and sold properties, but I'd rather not.
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15 May 2014 | 3 replies
1% is typically much better areas where there is very high demand and you will likely see a fair amount of appreciation over time.