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All Forum Posts by: Ethan G.

Ethan G. has started 9 posts and replied 345 times.

Post: Wholesale through Attorney w/ out of state owners

Ethan G.Posted
  • Attorney
  • Katy, TX
  • Posts 397
  • Votes 215

Depends on the state. But usually goes through title company

Post: Any wholesalers in the Dallas and East Texas area?

Ethan G.Posted
  • Attorney
  • Katy, TX
  • Posts 397
  • Votes 215

You can download from the internet or pay an attorney like myself. 

What does your lease say regarding attorney's fees?

Originally posted by @Joe S.:

So I have a renter that is a number of months delinquent. I am considering hiring an attorney to evict them. The attorney charges the full amount up front for an eviction. With that in mind what if the tenant tries to bring their least current without reimbursing me for the attorney fees?  Is a tenant legally obligated to reimburse me for attorney fees? Do I have to allow the tenant to cure their default? The property is in Texas.

I'm in Houston and I do this for clients quite a bit.  Dallas attorney though - @Ronald Rohde

Post: How to qualify a title attorney?

Ethan G.Posted
  • Attorney
  • Katy, TX
  • Posts 397
  • Votes 215
Being an attorney myself when I hire other attorneys I just try to figure out their work style, expertise and look at their educational and professional background. Referal is even better. I have seen lots of attorneys who have expertise but couldn't respond within 2 weeks to simple stuff and I've seen some attorneys with basically no expertise too.


Originally posted by @Corbett Brasington:

Lots of posts on how to qualify GCs but what about a good attorney?  Referrals are great (and any are welcome in the San Antonio, TX area) but what should I want to know?  The practice areas I want are:

- Real estate (title stuff, real estate contracts)

- Business Law (GC contracts, incorporation etc)

Post: General contractors in Houston

Ethan G.Posted
  • Attorney
  • Katy, TX
  • Posts 397
  • Votes 215

Post: Hard money loans for primary residence Texas?

Ethan G.Posted
  • Attorney
  • Katy, TX
  • Posts 397
  • Votes 215

You're welcome!

Post: Hard money loans for primary residence Texas?

Ethan G.Posted
  • Attorney
  • Katy, TX
  • Posts 397
  • Votes 215
That affidavit is no longer applicable once the hard money loan paid off (like all loan covenants).  You seem to be worrying about a non-issue.

Originally posted by @Christian Puentes:

@Ethan G. Thank you for your reply! I never thought about doing it with an LLC but seems like a good idea! my first option would be under my name just to get a better rate. however out of curiosity do you happen to know if in the closing documents they include a "non homestead affidavit" would that affect me even after doing a cashout refi? like I mentioned, once the Hard money lender is paid off I don't see why I would still have to obey the "non homestead affidavit". I just would hate to get in a sticky situation, I surely will do more research and ask some hardmoney lenders if this would be an issue. but sometimes I think its better to take action and ask for forgiveness later, as long as it doesnt mean getting into some serious trouble or breaking the law

Post: Hard money loans for primary residence Texas?

Ethan G.Posted
  • Attorney
  • Katy, TX
  • Posts 397
  • Votes 215

If hard money lender paid off before you move in, there is no issue. Also you could potentially form an LLC, use that to get the hard money loan and then rent the place from the LLC so it is not your homestead even though you are able to live there before you refinance with conventional loan.