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29 October 2010 | 38 replies
If instincts are this much a part of every living organism's makeup, it's unlikely to change or evolve away any time soon...if ever.
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25 October 2010 | 2 replies
Addmittadly I'm disorganized and always on the lookout for systems/methods of organizing my day-to-day, mid-term and long-term goals.
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25 October 2010 | 1 reply
If so, it would appear there is no violation.If this really is a rental, then you have a case against the Gateway to a Better Life company or organization.
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15 June 2015 | 14 replies
I've been on a search for lenders who will originate conventional investment property loans (meaning resellable to Fannie/Freddie) for your 5th - 10th property.
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28 October 2010 | 4 replies
So you really won't save money by skipping the realtor - if it is already listed, that is.If there are any transfer or excise taxes, many REO listings stipulate that the buyer will pay the entire transfer tax (and not do a split of these taxes with the seller as might be customary).When you say your intent is to flip the house, are you planning on doing any repairs or renovations first, or just re-selling "as is"?
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29 October 2010 | 15 replies
And I would pay cash is your situation, because it will be hard to get a mortgage that small, and you plan to resell in a short time anyway, so you will get back to cash.Is a $10K offer reasonable?
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20 November 2017 | 9 replies
The fact that your buyer is going to re-sell the property is totally irrelevant to your cotract to sell to him!
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14 November 2010 | 10 replies
Once I become the holder of the fee simple title I; then, resell MY property using the same listing agent.
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1 January 2011 | 3 replies
This has been discussed before on this forum, so you might want to dig around...But, in general, expect that for any FNMA property, you will be subject to the 90 day resale restriction, during which time you can only resell for a 20% premium to your purchase price (and no, the basis for the amount does not increase due to closing costs or repairs you pay for).While it's possible to negotiate out of the restriction (I'm able to do it about a third of the time) and while sometimes the asset manager chooses not to include the restriction (or possibly forgets), I wouldn't base an investing strategy around the fact that you can get out of it under some circumstances.As such, trying to wholesale FNMA properties these days is probably not the best business model...
5 January 2011 | 17 replies
I would love to read the blogs but they are so poorly organized.