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6 June 2019 | 14 replies
you don't want to turn your primary and its take free equity into a rental .. the tax free sale of a primary is the number one best tax treatment in my mind.. if you want to move on sell it take your money tax free then go shopping for rentals or house hack or whatever.now if there has been no run up in value that creates a tax free situation vis a vi equity.. then probably does not matter
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7 August 2018 | 7 replies
I was trying to refinance my home that was owner financed we almost had it done through Quicken Loans but there was a problem trying to verify the on-time payments I paid on time for the last four years but because it didn't know that you're supposed to keep all the records and my lien holder is from old school and she did not want nobody to look at her bank statement that shows that we have been depositing monthly payment into her bank account every month is there anything or any company out there that can help me to refinance my home.
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29 August 2018 | 6 replies
Hi @Jibu Vergis-What I have found is that lenders do not want to be the second mortgage holder on an investment property.
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8 September 2018 | 21 replies
@Ned J.That is IRA funds cannot be leveraged for property personally owned by the IRA holder or his or her business.
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9 August 2018 | 2 replies
The title company or lawyer you’re using distributes the funds at closing to the lien holders in corresponding position then the seller.
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21 August 2018 | 15 replies
Add as an additional insured on your policy B. make them get their own policy with you as add'l insured and your lender listed as primary lien holder, your note in 2nd placeC. keep your policy and make them get their ownThe lender is where insurance gets tricky on wraps.
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9 April 2021 | 5 replies
The mortgage company still has to see the mortgage holder on the insurance.
11 August 2018 | 3 replies
I got a call from my title company saying that they cant issue a clear title, do to it having a tax lien on the property and the tax lien holder is now deceased and didn't sign over their rights before they had past.
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29 November 2019 | 16 replies
Go Lobos too (season bball ticket holder).Matt
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8 September 2018 | 3 replies
Basically, you are doing your due diligence and finding the best tenant for your property. 1 bedroom units are the hardest to find for section 8 voucher holders and I believe there are over 19,000 voucher holders in SoCal.