Dave O'Neill
Hello from New Jersey
29 November 2007 | 3 replies
I used to read a bit just to research a problem or just satisfy my curiosity.
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Primary res. buy now or rent ?
30 November 2007 | 6 replies
If you feel prices are close to botteming out and are not extremely picky, I would consider making low ball offers on distressed properties.
Lynn Z
Extreme low ball appraisals?
2 December 2007 | 2 replies
BOA sent an appraiser through First American to my rehab. It had sold for $212,000 the previous summer. I paid $160,000 for the home because no one wanted it. Applied for refi of $115,000 Appraiser met me at the h...
Jonathan Morrison
LLC bankruptcy? what happens
14 December 2007 | 2 replies
It converts the nonrecourse debt of the mortgage to a recourse debt of the members where the bank can go after the members if the proceeds after foreclosure sale of the building does not satisfy the debt owed to the bank.This is a general explanation and there are many other factors that can change the outcomes.
RICARDO RUIZ
2 QUESTIONS
14 January 2008 | 33 replies
“A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release which if known by him must have materially affected his settlement with the debtor.”They also sign this.DEFAULT BY BUYER: In the event Buyer should fail to consummate the transaction contemplated herein for any reason, except default by Seller or the failure of Seller to satisfy any of the conditions to Buyer's obligations, as set forth herein, Seller shall be entitled to retain the earnest money deposit, such sum being agreed upon as liquidated damages for the failure of Buyer to perform the duties and obligations imposed upon it by the terms and provisions of this Agreement and because of the difficulty, inconvenience and uncertainty of ascertaining actual damages, and no other damages, rights or remedies shall in any case be collectible, enforceable or available to Seller other than as provided in this Section, and Seller agrees to accept and take said deposit as Seller's total damages and relief hereunder in such event.
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Where is the SELLING NOTES part of this forum?
6 December 2007 | 3 replies
That was extremely helpful and now I'll dive right in!
Damien Hall
Investors that use private money
8 February 2011 | 8 replies
Rates between 6% - 8% (Interest only also available) The formula they use to determine a project's eligibility goes as follows:50% of Appraised "As Is" Value - All outstanding liens = “Net Equity” (must be greater than or equal to $500,000)If the project passes this first test then the loan amount is equal to “Net Equity” * 10.It is possible to pledge other assets (commercial properties or liquid) to satisfy the $500,000 minimum requirement.That's it!
Steve A.
I make $1000+ a day...would like to get enough passive income to quit day job
23 March 2015 | 73 replies
To that end, I started online affiliate marketing last November and had some extremely good luck.
Mark Updegraff
Just went to auction, most interesting one I've seen in awhile
22 February 2014 | 34 replies
@Mark UpdegraffAt one such sale 1 bidder was bidding on everything and bidding high, he spend $1.7 million that day, payment due in full 10 minutes after the auction is done.At another auction saw a bidder (novice) come to the sale with an extremely large zip lock bag filled with $100.
John McClain
I'm an idiot
24 February 2014 | 13 replies
The first is that the relinquished property and the replacement properties must satisfy the Qualified Use requirement.