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Updated almost 4 years ago on . Most recent reply

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Jeremy Fox
  • Rental Property Investor
  • Huntington Beach, CA
2
Votes |
4
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Need Help on Long Distance Investment

Jeremy Fox
  • Rental Property Investor
  • Huntington Beach, CA
Posted

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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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,235
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17,845
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Jeremy Fox

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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