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I have a deal that I'm looking at that has a $10M non-recourse assumable loan with a mid 4% interest rate for 20yr term. I normally look at just getting new financing at purchase, but wanted to consider this option t...
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This question is purely for curiosity purpose, and I would like to have someone who works for foundation repair answer this question. I see that many foundation repair companies are now offering lifetime warranty. Why...
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View report*This link comes directly from our calculators, based on information input by the member who posted.The reason it is 0% down is i have the ability to do 100% financing. I tried the calculat...
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Hello guys, My wife is planning to take some money as a loan for buying a property. The property is located in Ontario (She is from CA). The catch is, there are a lot of rates and fees applied to mortgage services. An...
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My previous tenant left an abandoned car in the back yard. It is not operable and is impossible to move without a tow truck. Any suggestions on what I can do with the car? The prior tenant told me they would remove it...
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Dear BP-Community,I read J Scott's book about how to estimate rehab costs. That is a really great book and I find the technique he describes very helpful.However I feel like there are a few items where it's going to b...
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Hi All,I purchased my primarily resident about 5 years ago, and thanks to the housing market in NY going up like crazy, I have a pretty big chunk of equity on it. I can take up to $200+K of HELOC at approximately 5% ...
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I am considering purchasing a mid-sized apartment building.What are some important conditions to consider writing in the agreement of purchase and sale?Thanks
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Hey BP,So I have recently purchased a 4-plex and its going great. Now im on to a 46 unit apartment building. I am partnering with a bigger broker in town that is into real estate. We are going to be offering on this b...
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Hello, I'm new to the board.
I am working on a deal that looks like this. The property is in Michigan, a mortgage state. I have a property that has been through the sherieffs sale and is now in the redemption per...