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Need Help on Long Distance Investment
Hi BP,
New investor here from SoCal. I currently am closing on an investment property (duplex) in the Midwest, Illinois and at the same time closing on a house hack property in NorCal. Does anyone have a real estate attorney that handles multi state properties? The lender we are using in the Midwest is asking we have an attorney witness closing but we have gone to multiple attorneys here in SoCal and have been turned away due to it not being in state. I’m a little confused on how the process works for investment properties in multiple states. If anyone can help or knows of an attorney that can help it would be very much appreciated.
Thank you
Most Popular Reply
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- Solo 401k Expert
- Anaheim Hills, CA
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Some states use attorneys instead of escrow companies. You need to have closing attorney in the state where you buying the property to handle the closing. They will FedEx you the closing package and you can then sign it in front of a notary, you don't need an attorney here in CA.
- Dmitriy Fomichenko
- (949) 228-9393
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