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26 November 2006 | 23 replies
A lot of people use them interchangeably.I typically think of "rehabbing" as longer term more substantial improvements whereas "flipping" would be more cosmetic and focused on a quicker turn around.But that's more for positioning in my own mind.
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16 November 2006 | 3 replies
You need to have want is commonly called “skin in the game” which means a combination of cash, equity, out-picket expenses already spent on the project, joint venture partner, cross collateral-able property etc typically equaling 20% of the loan size lent.
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16 October 2006 | 4 replies
Hispanics typically lack the traditional types of credit required for most conventional financing, including low credit scores because many have not been in the U.S. long enough to develop a credit history.
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24 October 2006 | 0 replies
Which organization do you go to find these typical adjustments?
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12 November 2006 | 3 replies
What is the typical real estate commission (percentage) in the US for properties exceeding $1,000,000.00?
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28 November 2006 | 6 replies
Rehab portion of the loan typically not to exceed acquisition cost.Guarantee:Personal guarantee required.Loan Docs:After-Repaired-Value Appraisal (obtained by Onward Financial)(for each loan)Purchase and Sales AgreementSummary of Rehab Work to be completedTitle Policy (obtained by Onward Financial)Hazard InsuranceQuick Funding:Once a borrower has been approved, funding of investment properties can occur as quickly as 5 days.
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30 September 2007 | 9 replies
Typically I work on the commercial side of things more than residential and I am not buying much right now anyway as I am focusing more on building my mortgage business.
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14 December 2006 | 11 replies
I typically get a 10% or better response from postcard mailings.
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5 March 2007 | 4 replies
This is a long post (typical for me, I guess), but if you're in a military market during wartime, or a base with a lot of long-term TDY personnel, it's well worth the read:Since they're still recalling reservists, you can also try and target Marines who've come back to active duty and are getting TAD/TDY per diem.
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5 July 2007 | 7 replies
A standard width for a well laid out floor plan of a typical town home is 24' to 30' which means you should be able to get 3 units on the site, you have to allow for an access drive to the rear parking/garage area.