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14 June 2008 | 3 replies
Hi all, I'm looking at a Subject To deal at the moment in TX and one question I have is whether or not you typically need to change the home insurance policy when the property is subsequently occupied by someone who has a rental agreement and lease option.
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19 June 2008 | 19 replies
A typical 30K house can often be closed with less than 5K out of pocket(down payment and closing costs).
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26 September 2008 | 4 replies
Obviously, if it is on the Market, contact the sales rep/agent.I hope this begins to help you get a better picture of how you may want to approach the Westchester Market, but do not give up---however, make sure your asking price is within the typical price range of properties bought and sold in Westchester County.
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23 June 2008 | 31 replies
My typical wholesale deal is between 30 and 40k with a rehab between 4 and 8k and an ARV of 60 - 70k.
27 April 2009 | 21 replies
Ten years ago I was flipping tax liens which was not your typical deal and was making a lot of money at it.
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19 June 2008 | 11 replies
I also have a good deal of experience in loan closings, most of which have typically occured in the borrower(s) home.
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22 June 2008 | 21 replies
The whole transaction is handled by a title company, and they do the recording.There's typically also a promissory note and that is not recorded.
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20 June 2008 | 3 replies
They're usually only for a short time period, typically six months.
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11 November 2018 | 10 replies
Typically, to cashflow a property well, your loan to value ratio can't exceed 80%.Since you are looking for answers and maybe someone guidence, I would suggest checking out hud.gov to see what the fair market rents are for section 8 housing.
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24 June 2008 | 21 replies
Add on taxes, insurance (this is hurricane territory, remember, and certainly in a flood zone, too), maintenance (they may have built roads and houses but this is ultimately a swamp), and property management (typically 10%, plus more everytime you have a vacancy), and you're certainly looking at close to two grand a month.