1 July 2014 | 13 replies
Id put the property under an LOI and try to negotiate a 45-60 day study period to do due diligence and locate a retail tenant.
28 June 2014 | 6 replies
If you are in total fear that someone else will scoop it up put in an Letter of Intent (LOI) for the asking price and make sure you have a 30 day inspection period.
28 June 2014 | 4 replies
I want to buy an investment property during my separation period before Divorce.
28 June 2014 | 3 replies
Listening to the most recent podcast with Brian Burke, one of the statements struck me about the time period you start- and the time you make that your main career.
4 July 2014 | 7 replies
Instead she listened to a new investor that was out of his league and was not able to do anything with her property in the time period he had.
29 June 2014 | 19 replies
I've done it for a 6 month period.
1 July 2014 | 1 reply
But in this scenario, you will bypass the 1 year waiting period.
28 April 2015 | 48 replies
It seems the lower end of the market has a better cost:rent ratio.Taking the $69K - $650 rent as an example (there are a bunch of these units for sale; they're in a complex with a lot of units for sale), let's say I bought 4 of those (although I wouldn't want to put all my eggs in one basket buying all in the same building, but this is just for samples sake).Using a 15-year amortization period with a 3% rate (I'm in BC, Canada), and a purchase price of 65K and down payment of 30K (46%) on each place, that would work out to a $241 monthly mortgage on each.
10 July 2014 | 9 replies
It is obviously not any kind of conventional financing with those interest rates nor is it the typical hard money loan on a single family ~5 points, 12-16% interest, and 6-12 month loan period.
4 January 2017 | 29 replies
Stewart,22 have interpreted the language referencing procuring the injunction “prior to the effective date of termination of the contract” to mean that if the purchaser does not obtain an injunction prior to the period set forth in the cancellation notice, then the purchaser may not subsequently raise any defense to the cancellation, including a defense of waiver.