
15 May 2024 | 2 replies
The key is to understand how they will be making decisions that they don't consult you on because you have to give them some rope to make decisions on your behalf or it defeats the purpose of having a PM in the first place.

29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.

21 April 2021 | 55 replies
That is what I have to attack and defeat.

13 November 2013 | 7 replies
I think the main issue is that you can easily put,say, a 30amp fuse in a 15amp circuit which defeats the purpose of the fusing and allows you to overload the wiring.

13 June 2014 | 9 replies
It seems the financial system is structered (largely) to defeat this type of setup.

3 June 2024 | 10 replies
The in and out of markets and thought you were going to do this and this happened is defeating your investments.

26 February 2018 | 39 replies
Attorneys fees and costs, advertising, trustees fees, etc.So my point was I believe a lender would prefer to lend to an investor who, when faced with reality, can admit defeat, sign a deed in lieu, and move on to other more profitable projects.

14 July 2016 | 10 replies
For many, this defeats the purpose of getting a commercial loan on a 1-4 unit property.

6 March 2016 | 30 replies
But I wasn't impressed with Sunday showings & weekends you have to sacrifice, that defeated the purpose of me entering into Real Estate.

1 December 2017 | 0 replies
Dad taking out a loan for the $25,000 defeats the purpose of the plan.Assumption #7: A legal contract of repayment will be signed if the money is loaned, because I MUST repay this money for personal satisfaction purposes.