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12 September 2010 | 8 replies
What they ALL fail to mention or specify is that not ALL short sale transactions are fraudulent, not all investors are crooks and of those that are, they are a small minority in which the guilty party failed to properly disclose and had full intent at the start.If you as an investor negotiate to buy a property for under market value and disclose to the short sale lender your intent to immediately re-sell for a profit, then no fraud occured and no laws were broken.
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10 September 2010 | 9 replies
That is a horrible fee.I lend both Hard Money and Transactional , from within my SelfDirected IRA and outside also.Although it was my intention to use my IRA more I have found that on 1 day transactional I almost never use the IRA.
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11 September 2010 | 12 replies
Intentions are not to leave either the seller or buyer in a bad situation but in reality the risk doesn't fall on me.
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10 September 2010 | 7 replies
I was just introduced to a woman who, in 1997, purchased a city lot and built a ~1,300 sqft. block home in a non-coastal (rather rural) Florida city with the intention of living there for many years.
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1 November 2010 | 12 replies
There are people out there who love to make folks jump through hoops by dangling money in front of them, but have no intention of ever giving up that power by actually handing the money over.
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15 September 2010 | 19 replies
That said, I really made no self proclomations other than when defending a "sed car saleman" comment when I mad eonly two words in an entire post which must have come across as a sales technique.One other thing - I have given back here on BP more than 99.9% of the population and it is my ONLY intention and goal to help others make money.
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27 September 2010 | 3 replies
My intentions are to eventually move my other properties to the LLC, however they are financed and I have not yet decided how to go about getting it done, my question is, right now I have my personal checking account, my rental checking acct, and now my LLC checking acct, I would like to dump the rental checking acct and just run everything through the LLC checking acct. what do you all think?
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30 September 2010 | 13 replies
Duplex units and other rentals have valuations usually based on the income approach and as such, your intention to "flip" should not take into consideration rental increases could cause the problem Steve pointed out.
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6 October 2010 | 2 replies
You just need all your ducks in a row with the B-C, disclose your intent to the lenders, and find a title company comfortable with back to back closings.Probably the 2 areas with the most issues are making sure the shorting lender will allow the back to back and not require a 30 day hold.
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9 October 2010 | 22 replies
If it's your intention to be a pro, then you should already have an idea of what you want to charge for your services.