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23 December 2010 | 6 replies
If your a bird dog it will be next to impossible to deal with them.
28 December 2010 | 51 replies
I don't borrow when purchasing vehicles, and the ones we own are worth a decent amount, but I leave them out of the equation.The only debt I have is on real estate and I have a minimum of 30% equity on each property I own.As far as net worth growth, I have a dollar number in mind that I shoot for annually.
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29 December 2010 | 6 replies
One, it would be almost impossible, and two - the interest rates would back you into a corner where you "have to sell", and this is not the time to sell.
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30 December 2010 | 1 reply
The weather here is downright nasty, and getting out is impossible for me due to health.
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8 January 2011 | 4 replies
If I'm not mistaken, if you want to use your car as a business expense it needs to be a company vehicle under whatever tax shelter you have it (ie inc. etc) You then have to keep records on mileage, gas, etc. labeling what you were doing when you drove those miles.
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14 January 2011 | 11 replies
In my opinion, if you plan on doing any rehab work, you should check closely with an attorney which financing vehicle best fits your strategy.In my opinion, LO's are best suited for turnkey where low upfront costs are necessary.
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13 January 2011 | 7 replies
It really depends on who the seller is (REO or private party), what their goal is (most money or trying to solve another problem), high much above your target price the property is listed at, how badly you want the property, how much competition there likely is, how desperate the seller likely is, etc.I've had properties where I've made offers at 60% of list price knowing that I'd get a counter-offer and eventually close the deal; and then there were other properties where I knew if I offered anything less than 10% above list price, there is no way I'd ever have an opportunity to acquire the property (and so I did that).Without a LOT more information, it's impossible to answer this question in a general form...Btw, I wouldn't recommend ever trying to get the other party to "come crawling back."
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13 January 2011 | 8 replies
Not saying it's impossible, but the deal is going to have to fire on all cylinders for it to have a chance at that LTV.If that is the benchmark you need in order to pursue then your local lenders are your best bet.
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16 June 2011 | 19 replies
Not impossible, but you've chosen a tough path.
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27 February 2011 | 6 replies
There are safer, less stressful investment vehicles.