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Results (10,000+)
Adam Smith Techniques: Getting the bank to accept your offer
17 October 2011 | 33 replies
If your offer is $200k and the rehab is $30k, you should show a POF of $250k or more (and the more, the better) When banks see you have more than enough funds, it shows the buyer's strength and ability to perform over another POF that is not in the same name as the vested offer, or barely enough funds, or some proof of funds letter from a lender or transactional funder. real bank statements are important.2.
Don Hines I just got fired!!!
29 September 2011 | 26 replies
I have built 2 homes ground up participating in all phases of the work except for the masonary (ironic, I am a Masonic Mason just not a real mason.)Many times we like to place our shortcomings on others, True no one is perfect but lumping individuals into a group and labeling them as drunkards is not humorous in my book.
Account Closed Question
28 September 2011 | 3 replies
.#4: Participate on life of BP, so we can help you or maybe you can help others :).
Chanda B Suggestions Needed: How Can I Purchase a Home For My Mother
29 September 2011 | 12 replies
I really need to find her something cheaper than even the 420 because it's over half her income and she can barely make ends meet.
Kevin Cardinale Contacting professionals for leads?
30 September 2011 | 3 replies
And in return he gets the legal business of my 2 investment funds (prox $60,000 per year in legal fees), the right to participate in these deals as an investor, and fees for drawing all legal docs of our purchase, sale, and lending transaction (prox ($20,000.00 legal fees).
Bryan Hancock Broker Conflict Of Interest In Partnership
22 October 2011 | 2 replies
Other partners want to keep a bigger slice because they do not participate in these fees.Any thoughts?
Trey Stiles Money Partner Structure ?
26 October 2011 | 1 reply
Considering doing a few buy / improve / sell deals with an old buddy of mine who's made a living as a RE Agent for 30+ years.I'm an early retiree , have owned commercial RE deals , MFH , SFH for 20+ years.I'm trying to set up a structure that is fair to both parties , and gives us plenty of motivation to do 5-6 SFH buy / improve / sell deals per year in solid neighborhoods.Any comments on the following structure :- Funding partner funds 100% , co-ords legal & admin , proforma & budget , secondary participation in rehab co-ord and finding deals- Selling partner , finds deals , primary rehab , sells deals- Funding Partner earns 1.5% return on equity per month- Selling Partner earns commissions on each end of deal- 50/50 profit participation - Form LLC for holding ( both ) and separate LLC for funding ( me )Is this " reasonable and customary " , " win / win " ???
Ryan B. Attacked while working on rehab!!!!
1 December 2011 | 24 replies
Little did I know he was plotting an attack.On my next trip to the dumpster I shut the screen door and turned just in time to see my furry little friend doing this matrix style flying leap from the railing and wrapping himself around my bare leg (had on shorts).
Bryan Hancock ROE - Return On Equity Vs. Return On Effort
29 November 2011 | 5 replies
Maybe they have no hobbies, no family, no desire to travel or participate in leisure activities... their time may be close to free... others have kids or parents they care for, hobbies and passions apart from making money, charitable or non-profit pursuits, etc that they would love to be doing full time if they had the funding to do so.
Sergiu Spinu Real estate club
8 December 2011 | 7 replies
But, the ones we have participates via email regularly.