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TeachMeFlipping (November 30, 1999 at 12:00 am)
Actually, the 70% should go down to 60% in most cases in this current foreclosure crazy market
Neto6697 (November 30, 1999 at 12:00 am)
Tyron wow!! exelent information I was having problems how to figured that out .I'm verly stating as a "BIRDDOGing"
TeachMeFlipping (November 30, 1999 at 12:00 am)
what type of property is this?
REstatebuyersClub1 (November 30, 1999 at 12:00 am)
Ty is there an assignment fee rule of thumb? that will be acceptable to an Investor?say the building is 850,000.00 repairs are 500.000.00 ARV is 1900,000.00 what rule would I use here? the Seller is willing to hold mortgage at zero interest and payments until rehab is done. I was hoping to talk him down but he recently did some upgrades and this is the new price. He will take lower for an all cash offer though.
REstatebuyersClub1 (November 30, 1999 at 12:00 am)
I just found a property for 27.000 in NJ and looking for a hard money lender its listed with an agent so I will need it to be a cash deal.NJ is really cheap LOL
income101 (November 30, 1999 at 12:00 am)
Got a home in contract in indiana. House needs about 5K in repair (if that) Market Value 58K, need investor will sell for 18K - 25% Good faith -
DrewDownsManagement (November 30, 1999 at 12:00 am)
Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.
TeachMeFlipping (November 30, 1999 at 12:00 am)
Great, it's a great way to make it easy to negotiate when you know what price you gotta have
lilyfrmla2 (November 30, 1999 at 12:00 am)
I have always been confused on the formula, now I think I got it. Thanks!
TeachMeFlipping (November 30, 1999 at 12:00 am)
Thanks, i try |