
13 June 2024 | 20 replies
The ones I bailed out I actually took ownership of.. and got them out of hot water. there was no room for a loan but enough equity for me to step in and solve the issues..

12 June 2024 | 16 replies
"Challenging rule" meaning to say that It's important to be aware of the rules around property ownership, as the original owner may still have a chance to reclaim the property within a specific timeframe.

11 June 2024 | 14 replies
Same thing, different participants.Fractionalized loans enable many individuals or lenders to be listed on one loan as the beneficiaries, thus sharing the same debt position and with pro-rata ownership.

12 June 2024 | 24 replies
If you don't mind debt at this point you could move further into NNN ownership which gives you plenty of opportunity to be involved without being on call 24/7.I'm thinking though that you might be a better candidate to use the Delaware Statutory Trust to keep your toes in the water but also have more leisure time while still generating income.DSTs work well with 1031 because you must vet them like a piece of real estate not a stock.

11 June 2024 | 5 replies
Zac,Not trying to sway your passion, but have you thought about clinic ownership?

11 June 2024 | 11 replies
It'll tell you a $500k conventional mortgage was recorded in July 2021, you can infer from the ownership record that it was a refi (same owner before/after), and you can ballpark that rates were around 3%, assume it's a 30YF, so the balance "should" be X, but you have no way to know if they made a large lump sum payment, pay extra each month, etc.

11 June 2024 | 0 replies
Confirm that all change of ownership documents with the county appraisal districts are updated to reflect your information.

10 June 2024 | 0 replies
A general warranty deed generally contains the clause that follows:“Grantor does hereby bind Grantor, Grantor’s heirs, executors, and administrators to WARRANT AND FOREVER DEFEND all and singular the Property, subject to the matters set forth in this General Warranty Deed, unto the said Grantee, his heirs, and assigns, against every person whomsoever, lawfully claiming or to claim the same, or any part thereof.”Special Warranty DeedOn the other hand, a special warranty deed provides buyer limited warranties to the defects arising only during the seller’s period of ownership.

11 June 2024 | 15 replies
If we partner with a builder I am assuming they'd get a percentage of ownership and at that time we'd let them handle everything dealing with the actual development- land clearing, managing the contractors, as well as all other costs.

10 June 2024 | 2 replies
Generally a HELOC is second position and might have seasoning requirements (ownership of 3-6+ mos) you would need sufficient equity to essentially 'recapture' your down payment.