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8 November 2024 | 5 replies
There are other ways to legally wholesale without a license as well.
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6 November 2024 | 7 replies
The underwriter of your loan may want to see your current property be leased and make sure that it covers your PITI, but that will depend on the guidelines of your lender.
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7 November 2024 | 2 replies
Since I'm not an attorney and can't give legal advice, I did a little more digging and found the passage below.
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8 November 2024 | 3 replies
Out of the 20 letters I've sent, I've had 1 guy get back to me and we were in discussions but weren't able to find a price that worked for the both of us.The issue is that I only have a few houses on my mailing list so far (just places I've walked or driven by that caught my attention), and blindly searching every street and address # to see which houses are actually legal multifamily will take forever and doesn't seem efficient.I know the data is publicly available, I just don't know how to aggregate it in a way that would be efficient and useful for blasting out marketing mailers.Are there any websites that can pull massive lists of all multifamily houses in my area?
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4 November 2024 | 33 replies
This tends to eliminate appraiser incompetence and requires adherence to guidelines set by the Appraisal Institute.
7 November 2024 | 8 replies
Without proper permits, there’s a chance the city may request you to revert any non-compliant additions (like the extra bathroom) to align with code standards.When it comes to refinancing, banks tend to look closely at the property’s legal compliance.
6 November 2024 | 19 replies
I know in California it is legal and the state acknowledges it however it does restrict the finder to basically introducing the parties and they can not participate in negotiations, etc.
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8 November 2024 | 5 replies
For both short- and mid-term investors, the market's diversity and relatively lower entry costs make it an attractive option.FYI - Philadelphia has a tenant-friendly legal environment, which can present certain challenges for landlords
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11 November 2024 | 12 replies
But all of these investments operate under highly regulated and constrained exemptions to securities law, and I have been told it is very difficult to do the above legally.
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8 November 2024 | 2 replies
4) Legal Options: who told you that you can't sue the LLC owner?