Keith A.
Renting Underwater Property and Liability
2 June 2012 | 7 replies
A properly formed and filed Limited Liability Corporation can provide protection.
Patrick Howell
Solo 401k book keeping
5 June 2012 | 6 replies
We use simple WordPerfect files, some containing tables.
Keri A.
Nevada LLC
5 June 2012 | 5 replies
Shawn Dandridge,So basically in this case you are paying for an irrelevant LLC that is doing nothing since the LLC is required to register and file as an LLC in the other state?
Martin CS
BEST WAY TO CO-WHOLESALE DEAL
5 February 2019 | 20 replies
A standard contract with no anti-assignment clause can be assigned an infinite amount of times.
David Duval
Would you write "cash" or "financed"?
30 June 2013 | 14 replies
The standard local Board of Realtors Contract stipulates that the buyer can change the financing terms provided there is no delay in closing.
Grant Kemp
Is it worth placing your LLC inside of a trust?
11 June 2012 | 13 replies
Found this on a website , don't know if that helps.But have a few qns - if you have a mortgage, deed of trust or mortgage that's filed against the property will remove any anonymity that one seeks.Also don't know if mortgage companies would allow a land trust to hold the title.More informed folks here would know.Edit: duh found this link below, which might answer my own qnhttp://www.biggerpockets.com/forums/51/topics/71021-land-trust-and-mortgage
Ryan Stoltz
unsure about ownership
6 June 2012 | 2 replies
Look up the recording in Book 833 and get the legal description of the secured property from that you can get an address through the Assessors office.Or, you could call the Trustee and ask.You might be able to do a name search for the owner as well and gey the address.The filing will show the initial lender as the note could have been sold.
Sarah Jones
Lease Option
7 March 2013 | 20 replies
However since this is a SLO, you'd want to file a Memorandum of Option with the county courthouse to protect your position.
David A.
Should I approve these potential tenants?
11 June 2012 | 13 replies
They filed a Ch. 7 BK in 2008.
Vivian Jackson
Mortgage deficiency
11 July 2012 | 10 replies
It's a called a "waiver of deficiency" letter and do not close without it.Do not believe anything the bank says unless it is in writing.You also have to know which department you are talking to.You can get conflicting information depending on if you are talking to customer service,collections,loss mitigation,the short sale department,bankruptcy department,and the foreclosure department.In big banks these are all separate but in some local to regional banks one person might be handling multiple departments.They will all look at it differently with various goals in mind for the the loan file.