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10 December 2017 | 9 replies
If they are interested in terminating the rental contract for $$, there's no issue I can see.A lawyer is your best source of info so call one and pay the $50 for the 5 minutes to be certain if you're going to lose sleep over it.But beyond that, if you are depending on the 3 units rental income to make your payments while you rehab one at a time, then it makes more sense to remove one at a time.
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20 September 2017 | 7 replies
Plus by adding appreciation to the property you could then consider refinancing to lower your payments, in turn more cash flow - or even sell it.
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18 September 2017 | 17 replies
People that don't want to take responsibility for the car repo and late credit card payments blame the credit inquiries when you ask them, but the credit report itself tells the full story 100% of the time.
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18 September 2017 | 5 replies
We do have a grant of up to 3% of the purchase price, which helps with financing the down payment.Your income will still have to cover the monthly payment.
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17 September 2017 | 3 replies
Section 8 gives you stability of payments because it is the Govmt. paying you.
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17 September 2017 | 7 replies
Ok so I have a coworker who's looking to buy a home in the same area I've decided to invest in he's getting a mortgage in his name and asked if I would be willing to put up half the down payment and split the cash flow between the two of us has anyone done this do you have any suggestions any horror stories any success stories.
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19 September 2017 | 11 replies
Residential will look at you and your ability to make payments on the property, I don't know your income vs the debt on these but it's possible that your debt to income ratio would cause a residential lender not to lend to you.
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25 September 2017 | 24 replies
Can they deny my payment and still foreclose?
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19 September 2017 | 2 replies
Your cash flow is going to be based on your mortgage payment.
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19 September 2017 | 13 replies
Also, in the future, don't accept partial payments.