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28 January 2025 | 0 replies
Legal and Regulatory HurdlesReal estate transactions involve legal complexities that can overwhelm newcomers.Solution: Learn about legal requirements early on and seek professional advice when needed.
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28 January 2025 | 3 replies
Because there are nuances to seller financing, a lot of space would need to be devoted to covering the subject to make sense, and that requires sitting down to a cup of coffee for a long discussion.
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27 January 2025 | 7 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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27 January 2025 | 7 replies
Agree Google nmls - funny on Facebook where 99% of private lending groups that are public are scam artists you get the "well license isn't required"I reply to this noting that while you are correct in some states - chances of a scammer with a nmls license are less than 1% while those without is 99% on sociale media
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4 February 2025 | 4 replies
They were thinking of planning another one that required massive loans (7 figures).
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15 January 2025 | 5 replies
Without giving the individual's name, even though once it is filed it is public information, could you post the specifics they are alleging or the case number?
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14 January 2025 | 2 replies
I don't understand if I count since I'm living in the property or if it's only the tenants that count towards the limit of individuals that are unrelated living together.
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23 January 2025 | 5 replies
@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.
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30 January 2025 | 8 replies
For example, State Farm typically requires the latest inspection report for underwriting on multi-family properties that are over 30 years old.
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24 January 2025 | 0 replies
The requirement for a notary to oversee the property transaction further safeguards the investment process, providing both parties with legal protection.4.