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19 October 2018 | 3 replies
-Ask him why he's selling (this will likely bring up a pain point for the seller, which is good for a sale: bad property management, bad tenant experience, doesn't have time, no longer lives in the area so he/she can't properly run the property, etc.)
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19 October 2018 | 2 replies
ID the replacement property within the first 45 calendars of Property #1’s sale.
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4 March 2021 | 1 reply
Purchase price: $31,000 Cash invested: $55,000 Sale price: $115,0002nd flip. 3/2, 1300 sf.
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19 October 2018 | 1 reply
Based on what I'm seeing number wise I'm thinking of just letting the company handle the sale (all closing costs covered by them, going to negotiate buying costs as well) and moving on.
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4 March 2021 | 1 reply
Purchase price: $77,000 Sale price: $109,000 House hack, no upgrades other than a little interior paint to cover up some oil stains and repainted the trim to the backdoor, and we put some mulch in the frontyard around the tree and under the shrubs.
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19 October 2018 | 4 replies
I would want to determine if the current lienholder has a due on sale clause.
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21 October 2018 | 9 replies
To make a long story short, we have a lot in Woodinville, WA (outside Seattle) for sale.
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25 October 2018 | 10 replies
And I think getting a short sale will be difficult, as you have to show all of your assets and a lot of banks won't agree to a short sale, if you have cash and other assets.
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25 October 2018 | 30 replies
Another option without bringing in equity partners would be to see if the seller would owner finance a portion of the sale price in second position, say 30% and then get a first mortgage for 80%, so that you are effectively borrowing 10% more than the costs.