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18 September 2024 | 7 replies
Yes, an entity can be appointed as attorney-in-fact for an individual.My concern about the above... an attorney-in-fact depositing the funds of the principal into their own account would be an obvious breach of fiduciary duty.
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19 September 2024 | 2 replies
You can also require a paren on the lease for any student as a back up to cover damage outside the first. last and security.
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20 September 2024 | 3 replies
How would lender secure the loan?
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19 September 2024 | 10 replies
Hi,I'm a Security Engineer by day and looking to learn more about real estate investing.
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18 September 2024 | 19 replies
We are currently researching a $0 security deposit option for tenants.
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19 September 2024 | 7 replies
note: they do have enough money to cover the first, last, and security deposit
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19 September 2024 | 43 replies
There are handful of crowdfunding lending companies emerged lately.They all seem to share a need to be an accredited investor to start investing.In order for an individual to qualify as an accredited investor, he or she must accomplish at least one of the following:1) earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain the same level of income.2) have a net worth exceeding $1 million, either individually or jointly with his or her spouse.3) be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered.How strict is the accreditation requirement is being followed?
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20 September 2024 | 23 replies
Remember, most of these loans are not like your house loan, where the house is collateral, but really YOU and your income are the security of the loan.
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21 September 2024 | 69 replies
Sold the back building which was NOT part of the security for the loan, paid off the 11% mortgage and refinanced with a 20 year fixed 4% mortgage, paying down about $400k.
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18 September 2024 | 3 replies
Feel free to reach out if you need any assistance or have questions about securing financing for investment properties.