14 May 2020 | 11 replies
Create a strict framework for your deal and only buy if it fits that framework.
19 April 2018 | 21 replies
Totally agree with @Michael Beauchemin, part of the representation of clients is the ability to guide you through the process, put a solid offer together, how to negotiate, and advise you post inspections on how to get to the settlement table!
11 September 2020 | 148 replies
The closing company has a $695 settlement fee and a $350 abstract fee that I must pay even if I chose another title company to close.
25 June 2020 | 5 replies
Every state is a little different, but in Massachusetts the third party's name does not show up on the final settlement statement.
28 February 2015 | 7 replies
The seller releases the sold property and retains a collateral interest in the other rentals that will amount to say an 75/80% Combined loan to value to secure his loan at that settlementAfter that settlement, the seller can trade his collateral from your other properties and consolidate the collateral back to the property he sold as a second mortgage behind the bank.You got 100% financing accomplished without going to jail and misleading the bank.The seller's equity is always secured.
25 October 2021 | 11 replies
Agents spend tons of time, energy and money working on deals that never get to the settlement table and no commission is paid.
18 April 2023 | 24 replies
The content will teach you multifamily from A-Z in a none BS, Easy to understand way.The WBP framework is Buy Right, Finance right and Manage right.
29 October 2019 | 17 replies
Learning a lot is great but if you cant break even you will be stuck renting for a long time before your loan is paid down enough to get you out without bringing money to settlement.
15 October 2019 | 6 replies
It just gets paid out of the sellers proceeds at settlement.