9 August 2014 | 2 replies
One thing that @Chris Martin mentioned was the HUD1 where all fees must appear; the release fee can appear on the seller side of the HUD1 so a buyer using bank financing can get that fee paid at closing since it comes from the seller's proceeds (almost like paying delinquent property taxes).Here's another thread where somebody explained how they used a release - but in another state but same concept applies:http://www.biggerpockets.com/forums/223/topics/140...A simultaneous closing is still two separate closings, so still two sets of transfer taxes; some use that term to indicate that no transactional funding is involved (only end buyer's funds show up in the two sets of closings).As an end buyer, I expect the wholesaler to actually pay that extra set of transfer taxes at closing, because i sure am not ending up having to pay that!
8 August 2014 | 7 replies
You will need it anyway when it comes time to get authorizations from the current lien holder to order a payoff.Granted this is a complicated concept for 99% of realtors to understand, so yes I would just go find another that does understand or is willing to learn.
11 August 2014 | 19 replies
I love the entire concept of fix and flips.
11 August 2014 | 21 replies
I think me and my wife can get same $50-60k household income.
18 August 2014 | 16 replies
If you are going to do it, seriously consider what the important parts of the business are, and don't get bogged down in the concept that being busy is being productive.
11 September 2014 | 9 replies
I had one of those in an apartment that I rented like 25 years ago, so not at all a new concept; IIRC there was no upper rack so loads had to be smaller.
22 November 2015 | 60 replies
I will work toward bringing in lot renters and I like the concept of owner financing the trailers, but in the mean time I need to maximize growth to reach my goals.
12 November 2014 | 17 replies
What I'm getting at is that my assets will need to grow by a certain number in order to produce an income that, adjusted for inflation, provides my household the income needed to live at a given level.You pick the lifestyle so you also pick the number.
14 August 2014 | 7 replies
Without knowing what type "lien" you are referring to (or a hint by what person or company is pitching such a concept to you) it's pretty impossible for us to guess how to direct you.
7 September 2014 | 27 replies
Crime Rate (national average = 100)Grandview: 10964128: 346Population Growth Since 2000Grandview: + 6.24%64128: -16.20%Median Household IncomeGrandview: $47,50464128: $27,697Occupancy RateGrandview: 95.61%64128: 88.03%Yeah, they're exactly the same.Source: www.CLRSearch.com