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18 July 2024 | 10 replies
Or can you convey that original acquisition of this right to collect the delinquent taxes, which you then effectively exchange for the Deed if the redemption period has not been executed - but kept the same holding period?
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19 July 2024 | 12 replies
Their real target is executive compensation disguised as interest-free loans and large family gifts disguised as interest-free loans.
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18 July 2024 | 7 replies
I ran the spreadsheet that @Scott Trench has on the article "Millions of Americans Should Keep Their Homes as Rentals, Not Sell.
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18 July 2024 | 23 replies
If it was found that you took on a tenant after closing (within the first year) and now you are looking transfer title then yes the due on sale clause could be executed or worse.
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17 July 2024 | 9 replies
I do have a property executive summary presentation I can share.Hope to connect with a “true” private money lender instead of hard money.
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16 July 2024 | 0 replies
Scott Trench's new article Millions of Americans Should Keep Their Homes as Rentals, Not Sell.
16 July 2024 | 3 replies
Like many of my fellow Canadians and many Americans, when I think beach holiday, I think Mexico.
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18 July 2024 | 0 replies
Unfortunately, as my search for the perfect property began the same people who had rented RV’s and stormed into the wilds of American were also now on the search for a second property.
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17 July 2024 | 7 replies
As mentioned above this means separate bank accounts, no commingling of funds, documents executed in entity’s name.
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19 July 2024 | 53 replies
I know that :) I have great credit 740+ FICO, a few flips under my belt and this current project isn't complicated ($110k purchase price, $20k rehab for cosmetic fixes).They pulled credit before my term sheet was issued :( 90% LTV on purchase / 100% LTV on rehab (What they sent: 65% LTV on purchase / 100% Rehab)Rates starting at 7.49% for 12 mos (What they sent: 10.49% + 2.75% Loan Orig)We have a tight close date and I have to call the Account Executive everyday to find out what the status of the loan is, term sheet, etc..I'm not sure if I will use them for this project as I have already received 90% LTV for purchase and rehab, 9.49%, 12 mos, 1% loan orig, from another source but I wanted to try them as I heard many good things about them from other investors.