23 April 2008 | 6 replies
We are bidding 10K below sales price (it has been on the market for many months).Our agent had several suggestions to get the repair $, including:get 20k commission to realtor and he 1099's it to uspd to mtg broker as discount pt and broker gets it to usfind a lender who will loan based on post-repair valuedo fix&flip loan, refi when repairs are finishedThis will be our first rental purchase, so we are at a loss as to which is the best option.
14 August 2008 | 9 replies
So if your strategy is to refi, you calculate how much you can take out without a negative effect.Your strategy will be to build capital either thru rental income which can take years or to get cash from a refi.
31 August 2009 | 41 replies
My advice: cut your losses and run unless you can straighten up the problem and go on.
21 April 2008 | 0 replies
If you can recognize and capitalize on the hidden opportunities in title issues then you will have one more competitive advantage.
30 May 2008 | 9 replies
Selling helps rais the much needed capital for me too.
24 April 2008 | 0 replies
Call these people at the SEC, they definitely want to talk to you. All communications will be confidential:
Tom Melton, Sr. Trial Counsel, Salt Lake City SEC:
801 524 6748
Karen Martinez, Trial Counsel, Salt Lake Ci...
27 January 2009 | 11 replies
The $5K is capital gains, either long or short.
1 May 2008 | 4 replies
I would also be at a shortage of capital at the moment :lol:The area we live at (DC Metro), residential real estate just exploded in the past 6 years.
9 May 2008 | 30 replies
I've been reading posts from people who are looking to do business with others, yet their use of the basic tenets of punctuation and capitalization are non-existent.