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15 September 2024 | 4 replies
Truth be told, your lender should have looked at the property up front to see that it is an illegal triplex zoned as a single family prior to you going under contract and told that you that it wouldn't qualify for conventional financing...
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16 September 2024 | 40 replies
The best way to find investors for syndication you first have to determine if you will need 506b investors or 506c506b can be anyone you have an existing relationship family, friends , business partners or 506c are accredited investors only and don’t require a relationship You then should join local network group chamber of commerce Local real estate investor group BNIStart building relationships with people and educate them on your prospective or prior deals that you done.
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15 September 2024 | 18 replies
Our lender’s instructions now require all acknowledgments by a notary employed by the title or escrow company.
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14 September 2024 | 23 replies
It is HIGHLY recommended that a licensed plumber review review the findings and recommend any repairs necessary prior to the end of your due diligence period."
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16 September 2024 | 10 replies
Husband died without a will, had 3 kids from a prior marriage, wife thinks she owns the house 100% and will get 100% of the proceeds.
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17 September 2024 | 26 replies
I had a claim in NY where a prior lender had accelerated a debt and filed foreclosure.
14 September 2024 | 2 replies
This being said, I am not an attorney or CPA, and I would suggest you speak to both of them prior to making any decisions or changes.
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14 September 2024 | 6 replies
And of course remember that the 1031 must be in place prior to the closing of the sale of your old property and there are some unique reinvestment requirements for the investment/1031 portion.
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14 September 2024 | 9 replies
My real estate agent, who has a long prior career history in construction, seems to be happy with both the properties and has inspected them in detail and also been under the crawl space noting new plumbing, electrical and foundation sister-in-law beams too.As mentioned it is looking very likely the current buyer will not meet the closing deadline at which point I am next in line and have got price agreed with the back up after a few phone calls today.
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16 September 2024 | 35 replies
I like being able to replay the weekly classes or hear ones from months prior to starting.