Jeremy Williams
What deals have you picked up with conventional financing?
9 December 2013 | 2 replies
In looking around on BP paying cash is a great way to find deals, but I'll be sticking with conventional financing for my first property until I can save up enough or find a partner.Doing a bit of research I'm finding that not having a ton of cash I can go with:-Retail/MLS-HUD-REO-Craigslist sellers-Landlords or out of state landlords who are ok accepting offers other than cash-Possible wholesalers who will work with conventional financingJust looking for other ideas for those who have completed deals with conventional financing.
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Marc Mousseau
19 March 2015 | 18 replies
Cash on cash return (annual income / money down) should be 35% or more and cost per unit (for 1-2 bed units) should be $50,000 or lower.He doesn't recommend using the 1% rule because you'll need a higher down payment to make it cash flow.Hope that helps.
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Looking for big deductions to close out 2013
1 April 2014 | 22 replies
To give an example, many pickups with full-sized cargo beds will qualify (although some "extended cab" pickups may have beds that are too small to qualify).Vehicles that can seat nine-plus passengers behind the driver's seat (i.e.: Hotel / Airport shuttle vans, etc.).Vehicles with: (1) a fully-enclosed driver's compartment / cargo area, (2) no seating at all behind the driver's seat, and (3) no body section protruding more than 30 inches ahead of the leading edge of the windshield.
Tom V.
Need some help here with tenants. Serious problem. Please!
19 May 2015 | 67 replies
As you kneel by your bed in prayer tonight, send her love.
Mariana Skonieczka
advice
1 October 2016 | 13 replies
Could it go commercial, office or retail shop, small café?
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Property locked in for too high of an amount
15 December 2013 | 6 replies
2 bed 2 bath condo in NC.
Sherry Byrne
Plans for Dodd Frank?
9 October 2014 | 126 replies
I have no idea how DF will pour down, there is a potential of it being very significant, when dealing with end buyers at retail.
Justin Turner
Deal or no deal?
22 December 2013 | 9 replies
Whats the beds, baths, and SF of both properties.
Dean Kao
Rent Control/Lease Problem
17 December 2013 | 20 replies
He made his bed and needs to lie in it).He signed a contract (lease addendum) and now he's trying to not uphold his end of the bargain and you are trying to help him with that.
Brit Foshee
Listing in MLS before Rehab complete
16 December 2013 | 4 replies
If the work will be completed when you do the first showing to retailers and they aren't looking at a property under construction then that's should be fine....Kudos,Mary