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7 October 2024 | 7 replies
We take title to them in a double close and do all of our deals with Cash or Hard Money only.
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8 October 2024 | 36 replies
(adding the layer of privacy) If the LLC is owned by the holding company, and you purchased these other properties in the name of the LLC, then all of the documentation should have been taken care of between the bank and the title company.
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8 October 2024 | 10 replies
There are DSCR lenders that do not have any title seasoning requirements on a delayed purchase refinance.
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2 October 2024 | 11 replies
If you reach out to a local title company, they sometimes do a basic title search for $50-$100.
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7 October 2024 | 3 replies
( https://www.imdb.com/title/tt1613092/ ) on Netflix with a professor, Daniel Gilbert, from Harvard University.He and I got connected here on another buy-and-hold project but shared this approach, and it's got me wondering - could this model work here the U.S., especially in places where there's a push for sustainable and community-focused living?
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5 October 2024 | 19 replies
I got a call from title company and their attorney instructed them that they can NO longer close deals that are from assignments.. or do double closes..
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2 October 2024 | 8 replies
Seller is just continuing to pay the taxes, even though he "doesn't own" the land...until/unless he hires an attorney to do the title search, he won't ever be able to sell it or develop the land.
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6 October 2024 | 1 reply
You could also consider seller financing, where you work out a deal with the sellers to pay off the remaining mortgage balance while securing the deed.All these options would help you avoid the risks of not holding title to the properties while also giving you access to the equity you've built.
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6 October 2024 | 12 replies
The answer is they buy it in their personal name, their mortgage is in their personal name, and then upon closing / taking title of the property, they "quite claim" deed transfer the property from themselves to their LLC.
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8 October 2024 | 16 replies
For example, having a dog crate available can encourage guests to crate their pets when leaving the property.Promote your pet-friendly status: Make sure to highlight in the listing title and throughout the description that you welcome pets!