Donya Heil
pets and carpets do not mix!
6 December 2009 | 18 replies
It has to have proper care or it unravels.My carpet cleaner recomended a short pile cheapo that he swears he can get any stain out of so I am trying that in one house.
Eric Davis
Maximum Purchase Price Question
18 April 2008 | 2 replies
Cash flow investors never look at properties that will have a rental income of less than 1% of the mortgage balance.
Susan Graves
Looking for other investors requirements
25 April 2011 | 3 replies
This is a very vague question and can not be answered properly without knowing what area, what type of investment, what kind of risk factors, etc.For instance, a great cap rate for apartments in CA would be 6%, but would be terrible in Texas, Ohio, Illiniois, etc.
M Sono
New to Forum Wanting to Start with out of State Investment
16 April 2008 | 5 replies
Many people have out of state nightmares, and you don't want your first property to sour you on the business.Depending where you live in Utah, it is a great market and if you do some proper marketing (bandit signs, direct mail) you can find all of the investments you could ever want.
Raymond Berndt Jr.
Short Sale Leads...
14 June 2009 | 12 replies
(unless they STILL go down in flames after all) So I'm mailing to 60 days late in my county with loan balances of $300,000 or more.
Andrew Meegan
Saxon Mortgage - another one that doesnt get it
21 August 2008 | 19 replies
If there's one agent involved, the SS lender will approve 2.5 (in most cases).I really believe that if the REA does short sales properly, it shouldn't take more than an hour's worth of the agent's time.
Jason Phillips
100% Purchase Price
19 August 2008 | 4 replies
The only way around that is to get a bit more creative like get an 80% tard. loan, and the 10-20% balance from a line of credit or preferably a HELOC which has the lowest rates/fees and the easiest to obtain.
Cynthia Litts
Hello from Chicago
15 October 2008 | 7 replies
Ah the ole Fannie/Freddie limits, oddly enough I was at a meeting today where we discussed the proper way to invest to avoid that challenge.
Mike Lee
Is this a deal?
26 August 2008 | 9 replies
So, if we assume 7% interest rate (that's annual) and 30 years, the forumla is:PV (7%/12;30*12;-380)Other useful related functions include the NPER (number of periods) function the FV (future value) function, and the RATE function.You can use NPER if you know the rate, payment, and current loan balance to calculate the number of payments remaining (say, for a subject to deal.)You can use FV to calculate the loan balance in the future, once you've calculated the payment.
Clifford Erard
How Can I Short Sale This House?!!
19 August 2008 | 11 replies
My question is this, How can I do a short sale with a QC deed and not having the proper info of the original owner?