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Results (10,000+)
Yameen Salahuddin Down Payment
22 March 2011 | 17 replies
For example, if the house is a foreclosure and the seller is a bank, a cash offer may get you up to a 5-10% discount, in my experience.If the seller is a private seller, it's really going to depend on how desperate the seller is to get rid of the property and how much money he "needs" to make on the deal.For example, when I'm selling my properties, I like to get cash offers because it means less risk that the transaction won't close and it generally means a faster close, both of which are important enough to me that I'm willing to give a discount of up to 10% (depending on my profit margin for that particular property).Now, that said, some sellers are trying to get every penny out of their property, and the benefits of a cash deal (less risk, faster close) isn't worth trading any profit.
Scott Conner Newbie From NE Indiana
9 May 2006 | 3 replies
In our smaller city I should be able to buy and rehab my first house for under 40K if I find the right deal, and expect between 5 and 10K profit after expenses.
Jeff Takle Why are taxes so ridiculously difficult?
1 December 2019 | 4 replies
Some of it is good (you don't pay income tax on the increase in equity of a building until you sell) and some of it is bad (you pay income tax for partnership profits that are reinvested in the partnership).
N/A N/A starting with $200 or less
27 May 2008 | 23 replies
If you don't have it, get a job and save up some money.If this (flipping two houses for $40K profit with less than $200 cash spent) really can be done, I'd really like to see a detailed account of it.
Sam Green Help Starting out in Pre-Construction Deals
16 January 2008 | 27 replies
You can't just buy something and expect it to make a profit for you.I personally love all of Arizona and each city has its benefits and beauties.
N/A N/A newb with 15k
13 August 2006 | 15 replies
If you want an "easy" way to make money then you could become a private investor and loan out the $15K to other investors.how much profit would i make in by loaning out my 15k to other investors and how quick can i make profit?
Jim Francis How Do You Feel About the May 1 Protests?
19 May 2006 | 10 replies
#2: Here's the twisted part: I don't think you are entitled to any US Government benefits, including the ability to live in a safe and profitable country secured by a military paid for by taxpayer citizens, unless you are paying taxes and registered with the government.
David D. Double Closing with rehab question
3 January 2007 | 5 replies
The agreement stipulates the mutually agreed value at time of assignment and how any future profits above that figure will be distributed to the beneficiaries... say, 100% to you after paying the mutually agreed value previously negotiated.3- set the term: At termination of the Trust, you have right to purchase the 1st beneficiaries interest in the trust.
N/A N/A Need advice selling current residence
21 May 2006 | 8 replies
Sell it when you're ready to move to Arkansas and live high off the profits.
N/A N/A I am closing on land to develop a sub-division
6 September 2020 | 10 replies
Construction Items required in a Preliminary Package1.Project description (which includes number of units, proposed pricing of units, total costs, per plan costs, profits, proposed equity and proposed loan amount, any subordinated debt)2.Project cash flow3.Location map4.Cost breakdown 5.Market study - if available (an internal or third party study)6.Sequence list (including lot number, plan number, base price, proposed premiums) 7.Biography or resume of key management8.Authorization/Release for Business and Principal9.Borrower’s Certificate of Past Credit Relationships (attached)10.Banking references and two sub-contractor or supplier references (attached)11.List of all current projects (location, price range, size range, sales rate, JV partner, lender) (attached)12.Financial Statements for borrowing entity and guarantor(s) (attached)a)Current financial statements, indicate book value or market value basisb)Statements must accurately report all assets and all liabilities (include contingencies)c)Statements must be signed and datedd)Signed tax returns for past two years (please include all K1’s)13.Financial Statement Certification (attached)14.Tax Return Certification (attached)15.