John Fedro
How many individual mobile homes can you "buy/sell" per year before getting a MH retailers license? (Find out here)
5 May 2021 | 57 replies
Homes that are considered your primary residence or secondary residences don't count.An "A" in the second column indicates a state that does not have a cap on the number of mobile homes you may buy and sell for profit without a mh retailers license.
Kenny Tan
Banks vs credit unions for refi
30 April 2013 | 5 replies
No one can cover all the issues in a written article or TV show on lending aspects.The reason banks and credit unions as well as brokers have similar programs is that no lender holds a 30 year fixed rate loan, they are all sold in a secondary market, securitized and sold to bond investors.
David Janash
How much do tax deductions, and amortization help
22 April 2013 | 2 replies
If you're into a REI for the appreciation and the cash flow is minimal, how much can tax deductions, and amortization actually help you on your personal returns - what are some basics math figures one can use to do some quick math on a property's investability and tax strategy Thanks in advance
Michael Heisterkamp
Mortgage payment strategies
16 April 2013 | 14 replies
An extra $100 will cut the term by 7 years in most cases but be warned it is not simple math so $200 does not cut out 14 years, etc.
Shawn Blount
Offer advice on a 9 unit bldg
20 April 2013 | 6 replies
Shawn BlountQuick math, but seems to be an awful skinny cash flow on this one.
Mo Sammy
Bought home with 10% down (conventional), want to buy another home with conventional 90 days from first home?
29 April 2013 | 9 replies
But the first mortgage was probably a conforming mortgage sold on the secondary market to Fanny or Freddie.
Dawn Wilkins
Own rental property free and clear, how do I get cash?
18 April 2013 | 7 replies
I think you need to check your math.
Scott L.
Best Mobile Home Investing Books
10 October 2017 | 26 replies
This math is specifically mentioned in Dodd Frank and is now a past business model.
Anna Strait
Need some experienced feedback
22 April 2013 | 14 replies
Quickly get yourself up to speed on notes and seller financing.http://notequeen.com/Because she is setting you up to drip her equity, she doesn't get hit with capital gains.To make the note poison on the secondary market (so that she cannot sell the note) have her give you as little down as possible, and you two will be married to each other for a good long time.Much good luck with this and congrats on the start of your RE empire!
Andy P.
Atlanta Gwinnett County
25 April 2013 | 15 replies
Appreciation is great but I'm a big believer that you want cash flow and appreciation is secondary.