Rick Howell
Private Money Lending Will Generate Excellent Passive Income
24 October 2018 | 0 replies
It could be the traditional real estate flip, in which a house is rehabilitated and then sold for profit (borrowers in this area are very receptive to private lending).
Donald Rickman
Need Book suggestions - Apt - Condo Conversions + Rehab?
13 November 2018 | 0 replies
Hi, I'm thinking about rehabilitating a 20 unit building and would like to convert them into 16 Condominium units.
Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
24 April 2019 | 2 replies
The servicer often services mortgages that have been purchased by an investor in the secondary mortgage market.servicingThe collection of mortgage payments from borrowers and related responsibilities of a loan servicer.settlement statementSee HUD1 Settlement StatementsubdivisionA housing development that is created by dividing a tract of land into individual lots for sale or lease.subordinate financingAny mortgage or other lien that has a priority that is lower than that of the first mortgage.surveyA drawing or map showing the precise legal boundaries of a property, the location of improvements, easements, rights of way, encroachments, and other physical features.sweat equityContribution to the construction or rehabilitation of a property in the form of labor or services rather than cash.tenancy in commonAs opposed to joint tenancy, when there are two or more individuals on title to a piece of property, this type of ownership does not pass ownership to the others in the event of death.third-party originationA process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market.titleA legal document evidencing a person's right to or ownership of a property.title companyA company that specializes in examining and insuring titles to real estate.title insuranceInsurance that protects the lender (lender's policy) or the buyer (owner's policy) against loss arising from disputes over ownership of a property.title searchA check of the title records to ensure that the seller is the legal owner of the property and that there are no liens or other claims outstanding.transfer of ownershipAny means by which the ownership of a property changes hands.
Christopher L Hall
Hello new here from yakima WA
13 October 2018 | 10 replies
Maybe be allowed to watch a rehabilitation so I can see wjat I am getting into.
Juan Alvarez
FHA loan for beginners
17 October 2018 | 18 replies
@Juan Alvarez there is a rehabilitation program that FHA offers, called 203k Loan.
Account Closed
Looking to learn more about real estate development.
12 September 2018 | 1 reply
Before I get started, I should mention that my dad has developed and rehabilitated nearly a hundred affordable housing projects over the years.
Julia Amelyan
Seeking Real Estate Attorney or Real Estate Accountant
24 September 2018 | 2 replies
I own a lot of properties in locations that have been prime for rehabilitation and I'm looking to discuss real estate tax credits for the repairs, purchase, investment that I have made for rebuilding/repairing/purchasing those properties for low income tenants.Thanks
Lesley Resnick
THIS FLIP WAS A HOME RUN!
9 October 2018 | 38 replies
No allowance for stair (treads and risers) or handrail rehabilitation.
Amber Barger
Mission Statement Critique
5 July 2018 | 5 replies
Hello,I wanted to get some input on our idea for a mission statement:We are committed to buying, rehabilitating, and selling single family homes in the Huntsville, AL area with integrity and professionalism.
Bill Poly
Rehabbing a Land Bank House
8 July 2019 | 3 replies
Assuming there are no structural issues with the house, what would it cost to rehabilitate a 1,000 square foot cape cod home?