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29 November 2024 | 9 replies
I wouldn’t be surprised if it’s a marketing gimmick to get potential borrowers through the door through weirdly worded non recourse language that is effectively recourse or by offering such terrible leverage borrowers would rather have the recourse and competitive terms.
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26 November 2024 | 6 replies
THE NEW FLORIDA SQUATTERS LAW WENT INTO EFFECT ON JULY 1, 2024 my Brother was successful with an adverse possession claim in CA.. he was not squatting he owned the property next door and the person who owned it died and I guess had no heirs.
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5 December 2024 | 37 replies
The investors that I work with value that we act as their boots on the ground for the transaction and normally use the equity gain to buy the next property.
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26 November 2024 | 1 reply
Trying to figure out the proper, best, and alternative routes to making meaningful relationships and wondering what the most effective means is to developing leads that may come along in the probate process.
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28 November 2024 | 8 replies
I'm talking to the seller's broker, but I would like to find my own people to assist with the due diligence period, such as an SBA loan broker, an accountant with experience doing QoE for this kind of transaction, and a lawyer.
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26 November 2024 | 19 replies
@Lucas Schlund there are several groups pushing to ammend the requirements - hence why it hasn't gone into effect yet.
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28 November 2024 | 4 replies
The assignment did not release the original contract purchaser from liability unless the seller expressly consented to the assignment and fully released them (a novation, in effect)… which is not part of the fact pattern.So the agent is right.
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2 December 2024 | 21 replies
I know there is all this talk about the Olympics coming but on a practical basis that has no effect on you unless you do STR, which you typically can't in a rent controlled property.3.
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27 November 2024 | 6 replies
I am new to real estate investment and planning to start ramping up long term rental properties in 2025, however my first two primary residences were both converted into MIL's and rented within months after closing which effectively followed the House-Hack tactic (we currently rent our furnished basement to primarily traveling nurses for 3-6 months at a time which covers 70% of our mortgage).
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27 November 2024 | 2 replies
The Meadowbrook Dr SE property was successfully sold on 11/15/2024 for $249,900, showcasing the effectiveness of Partner Driven’s approach.