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19 November 2021 | 16 replies
I would rather make 0% interest instead of way over paying with a premium bidding state where I lose $$$ every time there is a redemption.
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9 November 2021 | 4 replies
I don't want to lose a deal waiting for an appraiser!
17 November 2021 | 9 replies
Second, all I have at risk of losing if I walk away from the deal is the cost of inspection and appraisal.
8 November 2021 | 3 replies
My son is switching jobs from Springfield MI to Warren, he was told that he has to pay 2 months rent because he is required to do a 60 day notice and then a 2 month penalty - he was told that he owes 4 months rent, that seems excessive.
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10 November 2021 | 8 replies
If I chose to push it, he could not only lose the sale but he could be subject to an ethics violation.
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19 November 2021 | 10 replies
You pick some scenario that most people won't qualify for, advertise that, knowing you will lose money on that minority of transactions, and jack up the pricing on the commodity stuff that normal people actually qualify for, to make up for it.
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8 November 2021 | 0 replies
Zillow is closing down their offers program following loses in the third quarter of 2021 of $380 million.
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19 November 2021 | 15 replies
You lose $400 a month if you never have a single repair or any vacancy and manage it yourself for free and don’t value your time. 😬
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11 November 2021 | 5 replies
In fact, if you have an owner that owns the property in their personal name and quit claims it to their LLC and they are the sole owner they will still lose their permit.
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12 November 2021 | 2 replies
Got a couple questions about the rehab portion on the HUD in a delayed financing scenario and how it would affect the subsequent cash-out refi that hopefully y’all can help me understand:1) does the work have to be performed by a contractor (similar to how an FHA 203k loan requires this) or can you do it yourself,2) does the scope of work have to be line-item’ed or is it just a bulk amount for the whole shebang,3) in the event that the sun, stars and the moon all aligned and Mercury just happens to be in retrograde in the rehab actually came in under budget (say, $30k put on the HUD for the rehab and it came in at $25k all said and done), is the excess amount returned or just what happens in that scenario?