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25 July 2024 | 14 replies
This is essentially a type of deed that will transfer ownership as long as specific conditions are being met.
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24 July 2024 | 12 replies
Also when you transfer it to that borrower, make sure in your price you include the cost it is going to cost you to give that borrower a title policy.
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26 July 2024 | 23 replies
For residential class (1-4 units) we purchase as individuals and transfer title into the name of our family trust.
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24 July 2024 | 1 reply
Transferring title to a non-natural entity of any kind (IV Trust, THT, LLC, Corp., etc.) will not increase your opportunities for attractive financing and typically restrict you to the private money market (low LTV, premium rates and higher fees).
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25 July 2024 | 18 replies
Very rarely do business owners inflate their numbers on tax returns vs. internally prepared or forecasted financials.
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23 July 2024 | 6 replies
We transfer a preset amount of money into the maintenance account at each month - usually about $100-125/unit.
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24 July 2024 | 18 replies
. ($675 preparation of deed) ($650 transfer tax) ($300 settlement fee) ($300 notary fee)Also in "Sellers Estimated Costs" "brokers fee" is listed as "$4,000" rather than 6% or $4,000 as if the 4k is just a flat rate.I feel this gives her no incentive to sell my property at the highest bidder.
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23 July 2024 | 0 replies
If it is considered a security in Florida, I'm told that a Transfer on Death document can be recorded in the land records of the jurisdiction where the DST property is located to ensure that the interest will not pass through probate even if it is not held in a living trust.
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24 July 2024 | 14 replies
Every month (here in FL) I onboard usually 1-2 Vacasa transfers.
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19 July 2024 | 35 replies
I recently heard an (non-BP, don't know if I'm allowed to say where) REI podcast where the guest talked about investing in international coffee farms (in Panama).