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Results (10,000+)
Jordan L. Can you get more than one prequalification letter for a loan
17 January 2014 | 11 replies
Unless you are thinking about buying a home that requires an FHA loan, the increases in mortgage insurance are pretty ridiculous. you're looking at 1.75% of your loan balance in up front mortgage insurance fee, and as high as 1.3% in annual mortgage insurance (for the life of the loan).Hope this helps.
Gary Parker Seller Tax Implications
20 January 2014 | 6 replies
If sold on an installment sale, the balance of the purchase price ($57K if sold at $92) will be taxed only when received at the long term capital gains tax rate in effect for the tax year in which installments are received.
Ken Lou $100k to $150k investing in Indianpolis?
18 January 2014 | 18 replies
Don't settle for 1%. 1.5% in Indianapolis should not be difficult.
Greg H. Hudhomestore Change
20 January 2014 | 10 replies
One of my first orders of business in the morning is to check the listings in Hudhomestore and it looks like they have taken out the Appraised Value from the listings which makes the properties a little more difficult to track.
Kelly Melrose New Member/invester from Montgomery County MD
6 June 2013 | 12 replies
That's the most difficult part, imho.Good luck!
Kirk R. RE Investing or Stock Market Investing?
26 November 2013 | 18 replies
The key with real estate is being able to tax depreciate and write down your growing income every year and then wipe it out as a stepped up basis leaving the properties to your heirs.A refi out of equity is considered a loan so is not generally taxable.Do you think the rich want to make a bunch of money only to give it to the government who can't balance 10 cents much less our national budget??
Adam McCullough Hello from Minneapolis
3 June 2013 | 7 replies
Hi Brandon,Thanks for the heads up, I went ahead and set up a Keyword alert and read through the Beginners Guide.Regarding the property, its difficult to say.
Wanda Cardenas How does a Beginner go about figuring out the Best Strategy??
11 November 2013 | 41 replies
Can you work in RE with bad credit, yes, but it is more difficult and it will limit your opportunities in many aspects of trying to do business.Are you good with people, can you approach a college professor and speak to him and gain his trust in what you are saying or do you have difficulties and only work orcommunicate well with just certain people, then do those certain peopleneed a property or own property to sell?
Ryan S. Why are LLC's so complicated can someone tell me what I need?
7 June 2013 | 14 replies
You'll also need an attorney to be more involved in contracting and administration not to mention costs of financing being more and more difficult.
Nicholas Stevens New Wholesaler - First offer! Thoughts?
2 June 2013 | 3 replies
I made a soft/rough offer and feeling nervous about it and wanted to see if anyone had any insight.It was difficult to pull comps because of the uniqueness of the property but the closest I could find were 3 properties that sold in the last month and were all 6-families that sold for roughly $600k all of which had 3br/3br/2br type setup.The subject property has 5 two bedrooms, 2 studio's and the commercial unit.