
6 December 2024 | 3 replies
The basics of a seller financed deal are that the title co or closing attorney (if there is one) or seller’s attorney draws up the warranty deed transfers title, the promissory note evidencing the debt related to the transaction, and either the deed of trust or mortgage (whichever is being used) perfecting the lien against the subject property.

6 December 2024 | 12 replies
My objective is to buy about an acre of land, that is already leveled, access is being done, and utilities are going to be 5 feet from the property; and then build 3-4 shell retail spots on my plot, owner occupy one of them with a business and lease out the others.I am meeting with a developer this weekend, but have some wrong numbers regarding the average cost of building a shell space.

4 December 2024 | 4 replies
I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet.

14 December 2024 | 36 replies
This may give the seller/agent more trust that you know what you are doing.

6 December 2024 | 2 replies
But that depends on the level of rehab, price point and so on.

7 December 2024 | 6 replies
I'd ask around some GC's that are higher level they may have some decent project management/financial tools if they're at scale.

5 December 2024 | 87 replies
An annuity is definitely a different level of risk exposure than this type of an alternative investment.

13 December 2024 | 16 replies
I looked it up and saw it too, but then realized that they were referring to Titan Trust Bank.

5 December 2024 | 18 replies
You're just going to need to find a couple of folks on the ground that you trust.

5 December 2024 | 34 replies
My primary residence is in a trust.