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19 March 2024 | 52 replies
You in no way rented to a government entity.
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19 March 2024 | 11 replies
Still working on setting up an entity.
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18 March 2024 | 14 replies
Your friend would send the funds to the agent, when the docs are signed, the funds are released to your LLC, or whatever entity is taking the Note.
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18 March 2024 | 3 replies
A Series LLC is a complex entity and is only available in certain states.
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22 March 2024 | 81 replies
As per FCC this is the definition of a telemarketer:The term telemarketer means the person or entity that initiates a telephone call or message for the purpose of encouraging the purchase or rental of, or investment in, property, goods, or services, which is transmitted to any person.So it's still a very diffuse topic and I doubt, it's that easy to sue a private person for calling someone they don't know once.
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19 March 2024 | 16 replies
Mike, each lender has their different overlays, but if you’re looking to get a hard money and or Bridge loan to begin the BRRRR strategy, here’s a list of the most common documents lenders may ask for:- experience / track record- personal financial statement- scope of work / budget- LLC entity docs- maybe bank statements (lender dependent)everyone is different and each loan is a snowflake.
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19 March 2024 | 16 replies
The ownership shifts from privately owned to entity owned and Beneficiaries of the Trust remains anonymous and not public record which will not trigger the due on sale clause according to the Garn-St.Germain Act of 1982.
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17 March 2024 | 3 replies
Those entities you describe are shielded and independent, whatever that means, and should be protected.
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15 March 2024 | 2 replies
I live in CA and plan to invest into a RE rental property in Florida incorporating business entities for an assets protection.
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17 March 2024 | 6 replies
Dodd Frank will apply...see below.Not More Than 3 Properties Exemption Any person or entity cannot provide seller financing to an owner occupant more than 3 times in a 12 month period without using a MLO (mortgage loan originator).