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15 November 2010 | 19 replies
That notice is not on this property, so I'm guessing they expect the bid to be higher than what an investor could or would pay....That is a Fannie Mae listing for you; they stipulate a 120 day holding as a deed restriction, so that explains this part.
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16 November 2010 | 3 replies
You may also want to try a postcard campaign to all rental houses or apartments in the vicinity telling them how they could start owning for the same they're paying in rent.
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16 November 2010 | 1 reply
Hi all, newbie here again :lol: I was just wondering if there is a certain amount of time that must pass before I could refinance a loan on a home If I purchased it as a shortsale or REO.For ExampleShortsale purchase price $260kMarket value at time of purchase $300kA little time goes by and appreciation makes value = $340kIs there a time limit or any restrictions on refinancing or getting a HELOC/2nd.Thanks in advance
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6 December 2010 | 18 replies
Was burned earlier this year on a marketing campaign for another project and am timid to spend anything for advertising until I get this deal sold.
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6 October 2011 | 42 replies
Sorry I didn't get back sooner.Transactional funding is simply 1. filing the gap for funds created by new lending restrictions and 2.to fund deals for investors who don't have the money to do back to back flips.You simply lend money to a buyer/investor that has a deal on the table that will pay you off the same day or within a very short period of time.The velocity of money is more important than the rate of interest charged when you have funding fees.
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11 March 2012 | 9 replies
I did a campaign in Kansas City - "Text SEC8 to 88000" and it would return a list of properties and prices.
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22 November 2010 | 7 replies
That will still have some restrictions as to how much notice must be given.
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22 November 2010 | 0 replies
I am getting ready to do some mailers and with Thanksgiving and Christmas coming up, I was wondering what the experience of others is and how they space their campaigns out around the holidays.Thanks
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3 December 2010 | 5 replies
But, because 401k are generally employer-associated plans, your employer may have restrictions on how much you can contribute at a given time or over a given period of time.So, the big question will be whether your employer (and the plan provider) will allow a one-time $16,500 contribution on January 1.Again, this is a guess...hopefully someone with formal knowledge in this area will confirm or tell me I'm an idiot...
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17 December 2010 | 18 replies
The loan must be fully amortized and any balloon payment required is restricted based on the amount of principal reduction by the amortized payments.