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30 April 2014 | 3 replies
I have done several blanket loans with the bank that included 2-4 properties SFR per loan by just emailing them the address and basing the loan off of tax value, but they are asking for a more detailed proposal to present to their loan review committee this time around.Does anyone have a sample package, template, software, or just a list of standard and/or creative details that should be included in the package.
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30 April 2014 | 14 replies
Other option is to package up about 35-50 units and start over in different location slaughtering the golden goose laying the cash flow eggs.
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6 May 2014 | 24 replies
Short term flips can command higher rates, but you have to sell your financial package at all times.
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30 April 2014 | 9 replies
Is so, you could offer them for sale to the current tenants as a lease option to buy program and get full market price.You could also offer them as a package to an investor with seller financing.
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1 May 2014 | 5 replies
The loan amount also effects marketability at a higher UPB, fewer investors are willing to go that high meaning the discount to expect will be higher.You can search on line for loan servicers, GreenTree is one, usually fees are about $30/35 a month, could be more or less, they need to take several thing into consideration and depends on what services they provide, just collections or everything including securing collateral and disposal in the event of default.To make it more marketable, have a mortgage broker at least process it as a conventional loan and make up a loan package in a conventional manner.
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15 June 2014 | 9 replies
Think twice about using a one-time purchase plan document and be sure that if you do purchase a "package" that it comes backed with a promise to update the plan if rules change (re-statement of documents).Good luck!
8 May 2014 | 12 replies
As a reputable long lived real construction contractor (not paper pusher percentage taker GC or project manager) and REI I have always had enough work to put food on my table here in NJ (for 30 years straight) .
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7 May 2014 | 0 replies
I was reading a post about an app in SF to auction your street parking spot when you leave it to people then looking for a spot. It occurred to me to wonder why we have to advertise a fixed price for rentals and po...
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19 May 2014 | 10 replies
The cloud based tool comes in a complete package with the task management, project management, time tracking and management and many more.