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27 August 2024 | 43 replies
Section 61-2c-102 broadly defines "Business of residential mortgage loans" as follows:(g) (i) "Business of residential mortgage loans" means for compensation or in the expectation of compensation to: (A) engage in an act that makes an individual a mortgage loan originator; (B) make or originate a residential mortgage loan; (C) directly or indirectly solicit a residential mortgage loan for another; (D) unless excluded under Subsection (1)(g)(ii), render services related to the origination of a residential mortgage loan including: (I) preparing a loan package; (II) communicating with the borrower or lender; or (III) advising on a loan term; or (E) engage in loan modification assistance.
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24 August 2024 | 2 replies
.: doorknocking, cold calling, speaking with online leads, contacting people within your sphere of influence, engaging with people on social media (not just posting), meeting people at networking events, etc.2.
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25 August 2024 | 4 replies
I could hire my real estate attorney but he'll charge me hourly to set it up and I'm not confident this previous will pay anything.
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24 August 2024 | 10 replies
I am interested in investing in SFH or small multi family homes, BRRRR deals and Flipping.Looking forward to engaging with all of you.Best,Shams
30 August 2024 | 70 replies
The clarity I've acquired is amazing and has instilled a ton of confidence in my REI dealings.Hell, the leader of the Tucson group, last year, asked to borrow some money for a RE deal he was doing.
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23 August 2024 | 54 replies
Readers are advised to engage a licensed professional who knows their situation before relying on their opinion.DRE# 02213689 CPA# 144976
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24 August 2024 | 6 replies
If all adults are screened, you can avoid potential legal issues down the road, especially in cases where one occupant engages in illegal activities or violates lease terms.Financial Stability: Screening all adult occupants also allows you to assess the household's overall financial situation.
26 August 2024 | 16 replies
You can be pretty confident in your purchase with them once you are educated in their markets and rental product, AND your own due diligence (a must!).
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25 August 2024 | 10 replies
Be confident the mortgage company, and the wholesaler is well aware of the procedures and will out maneuver you, even if you are factually correct.
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26 August 2024 | 73 replies
this is in our lease regarding prohibited conduct, aka violation of the lease, "criminal conduct, regardless of whether or where arrest or conviction occurs, including but not limited to: manufacturing, delivering, or possessing a controlled substance or drug paraphernalia; engaging in or threatening violence; possessing a weapon prohibited by law; discharging a firearm in the apartment community; or, except when allowed by law, displaying or possessing a gun, knife, or other weapon in the common area, or in a way that may alarm others"I'm no lawyer but the person who wrote this lease is a lawyer, "regardless of whether or where arrest or conviction occurs" leads me to believe that suspicion of illegal activity is enough.