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8 April 2013 | 5 replies
They were great.I can't speak specifically to the REI program however but I'd also be very interested to hear from anyone who has.I do know that the SF branch at least doesn't do commercial loans.
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19 October 2012 | 12 replies
That way you know if you'll be losing money on the property BEFORE you buy a place with negative cashflow.
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15 October 2012 | 34 replies
I don't need to try jumping the Grand Canyon on a motorcycle to know it's tough, even though there is likely someone out there who would argue it's doable.In addition to the two times I've tried it myself, I've spoken to several underwriters about it, have had my mortgage broker speak to several underwriters about it and have seen other investors try it (mostly unsuccessfully).Even Aaron, who seems to be the biggest proponent of it provides just a single story about how he did it thanks to some luck.Sorry if this is coming off defensive, but again, my main statement at the beginning of this thread was:"Your ultimately buyer may have difficulty getting this type of property through underwriting for conventional or FHA loans."
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11 October 2012 | 1 reply
Even if there are no negative legal ramifications using the PM's document, proving the tenants signed off on the condition of the alarms in the event there is an issue could be a big plus.
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13 October 2012 | 16 replies
They speak as if all of that is some gospel fact and it's nothing but claims or opinions for the sole purpose of political propoganda.....What gets you riled up is watching FOX News, so easily manipulated.I was in INTELLIGENCE in the Army, and you''re going to tell me how it works....LOL!
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27 November 2012 | 40 replies
Thanks for speaking from the heart and saying it how it really is.
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8 June 2021 | 16 replies
The majority of the comments regarding Lancaster and Palmdale have been negative.
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27 January 2016 | 4 replies
It's really helpful to help me create a "floor" and a "ceiling" so to speak so that it's not priced too high or too low
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26 October 2012 | 9 replies
The lender will only speak with the seller or someone that the seller gives permission to speak on their behalf.
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18 October 2012 | 19 replies
I will ask to take a look at the lease during my due diligence and speak to the tenants.