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13 May 2024 | 11 replies
Based on my poor customer experience I’m not confident you will get any money back after the 5 day cancellation period.
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13 May 2024 | 9 replies
What I am specifically looking for is perhaps a hard money lender that will work with my equity and not so much with my financials or credit history.
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13 May 2024 | 3 replies
You have to provide the money to purchase the new property.
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14 May 2024 | 13 replies
If you property is in Detroit you setup a landlord account with the water company and any tenant that comes in opens a account in their name and follows them in your case it will be you and then a tax lien on the property they will get their money either way.
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13 May 2024 | 11 replies
Lastly, California is very over priced in most cases so keep in mind buying out of state is not hard and can save you a ton of money.
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14 May 2024 | 5 replies
I tried having real estate agents show the property to prospective tenants (wasn't comfortable giving folks access remotely) but they didn't make much money to they would flake as well.
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13 May 2024 | 25 replies
Bank of America had this man's money for a week - in their account.
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13 May 2024 | 79 replies
Debt allows you to increase the velocity of your money.
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11 May 2024 | 4 replies
@Bob Floss II has a great video about this on his youtube channel, not sure if I can link it here but if you type in "illinois wholesaling floss" it will come right up.I hope this is helpful!
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13 May 2024 | 3 replies
Most of the properties I have available are $300,000-700,000; so if a hard money lender requires 25% down, with closing costs of 1-2%, and the hard money lender wants $20,000 in reserves, plus 1% to the hard money lender, we're looking at anywhere between $104,000 to $216,000 out of pocket costs.