But the reason for a living trust is to avoid probate.

Many challenges can be avoided if you work with someone that can give you professional guidance in the market you choose.

If you are looking to fix and flip, just make sure you look for a 12 month term, non-dutch interest on the rehab funds (this means you do not pay interest on the rehab money until you use it), no prepayment penalty, and avoid any lenders that escrow your payments at closing.

I’m not that dumb that I would put in a signed offer before understanding some aspects of benefits.

Just be sure to brush up on your agent fiduciary requirements to avoid a lawsuit.2) Flip to various degrees of rehab.

Hi BP, i’m curious if anyone has moved an electrical meter without upgrading service. i recently upgraded a meter and was forced to move it to a new location however now i can’t pass inspection because the service enters the building before the meter (only good route to get to new meter was indoors) i really want to avoid a new electrical drophas anyone found a way to enter the building before metering?

However, there’s one aspect of the website that’s raising a bit of concern for me.I live in Santa Barbara, CA, and from my experience, the median home price here is generally at least $1.5 million, and in most cases, I rarely see anything priced under $1 million.

If that was the case I would let the in-process HELOC go, and shoot for a refi and HELOC at the same time next year to avoid duplicating fees.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.