
18 June 2024 | 4 replies
I see you posted this a month ago but wanted to add two cents in case you're still on this.If you're building a new home, is it in the same spot as the old one?

19 June 2024 | 32 replies
Both FNMA and FHLMC permit this, under the following circumstances: Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the propertya limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.Citation: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (04/13/2022)Now, you will still have the Note and reporting in your name individually and will still be personally responsible for the mortgage and most likely, the manner of transfer will enable any litigant to pierce the veil of your LLC, but you'll have what you wanted, for whatever reason.

23 June 2024 | 105 replies
A year ago I'd never heard of a Delaware Statutory Trust or a Series LLC, and now I've been told that they're the "only way to go" on no less than four different podcasts within the past month.

17 June 2024 | 5 replies
It's close to a month now.

18 June 2024 | 14 replies
Based on all macroeconomic indicators and housing trends, chances are high that rates and/or values will be lower in the 6-12 months.

17 June 2024 | 25 replies
Our Pro Lite version has a MaxAge filter of 12-months and our Pro version has a MaxAge filter of 3-months."

18 June 2024 | 7 replies
Very certain we overpaid, but it was a dire situation where the old one broke and had caused water damage and the tenant didn't notice for a month...

18 June 2024 | 4 replies
The nice thing for you with a 1031 from that STR to an area like this is that you'll lose a lot of monthly expenses that LTRs usually pay.

18 June 2024 | 5 replies
I would like to purchase my property in the next 12-24 months, ideally before I graduate.

17 June 2024 | 4 replies
These aren't ranked in any order - just based on boxes checked for cabin searches for the last 12 months.- Mountain views- Onsite fishing/waterfront- Game room/arcade- Wood burning fireplace- Access to pool/swimming- Hot tub- Outdoor firepitIf you have a great mountain view or are waterfront, you are definitely starting out on 2nd base.