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7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
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9 January 2025 | 1 reply
Cold calling, mailers, signs, google/Facebook, RE meetups, RE agents are all ways a whole sales would find deals
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8 January 2025 | 14 replies
Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
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15 January 2025 | 12 replies
This is not uncommon and actual more typical as it is based on sales price and even though the first appraisal was $130k the new one gets reset based on its recent sale and home prices are not up 10% over a few months.You are going to have a hard time getting a lender to use other comps compared to this home as it recently sold.
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31 December 2024 | 0 replies
My wife's siblings have built 2 house on this land as there own houses they are living in The property is a total of 15 acre and each siblings got a portion of the property.
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2 January 2025 | 29 replies
Particularly the state licensing portion?
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7 January 2025 | 3 replies
The 1031 must be a sale of investment property followed by the purchase of investment property.
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9 January 2025 | 35 replies
My Question is, for these up sales how do you expose these packages to the guests, are they included in your listing or added to the base price, if a guest chooses a package do they pay for the reservation how they would normally through the booking platform then pay for the package separately?
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26 December 2024 | 14 replies
It means that you, as the purchaser, cannot close on the purchase of the property until (subject to the terms of the contract) the seller identifies a new asset to acquire with the proceeds of the sale.
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8 January 2025 | 6 replies
It will be about 3% of tax value which is the sale price in a recent sale.