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20 January 2014 | 14 replies
Great interest rate, right at 4%...Hard money in my area is 2 points orig fee and 15%APR..HELOC is a lot better rate but the HML is paid on the back (after sale).I will continue to use my HELOC money more and more this year.
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17 January 2014 | 10 replies
It is a two level home that currently has 7 tenants in it and will continue to lease the property out after we leave.
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16 January 2014 | 2 replies
At one time, it was the prevalent trend for people to style their houses according to a certain template with one certain color palette and similar furnishings and accessories.
22 January 2014 | 51 replies
The mark of a reasonable person is their continual understanding they may not know everything and could in fact be wrong at least a few times in their life.
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17 January 2014 | 11 replies
If you are going to continue to manage the property, that lends even more merit to my first idea IMO.
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26 May 2014 | 10 replies
Nevertheless, in response to commenters' requests, the final rule provides a non-exclusive list of methods that issuers may use to satisfy the verification requirement for individual investors.The methods described in the final rule include the following:Reviewing copies of any IRS form that reports the income of the purchaser and obtaining a written representation that the purchaser will likely continue to earn the necessary income in the current year.Receiving a written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant that such entity or person has taken reasonable steps to verify the purchaser's accredited statusThe underlined/bolded item above leads me to believe that this guidance is only for reference and one can do their own, independent process provided it is reasonable.
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20 January 2014 | 13 replies
Those are flips.Locations for a good rental will be an area that can carry market rents for the size, style and amenities.
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21 January 2020 | 6 replies
I would only exercise the option if local development continues and I can flip the property for a nice profit.
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18 January 2014 | 5 replies
Greetings BP,As I continue to learn everyday about RE investing...a new scenario always seems to pop up.
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31 May 2013 | 12 replies
Hey, in order to have access to the MLS site, isn't there a premium that one still has to pay in order to continue using the MLS benefits?