Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
Was anyone pleased with their Lehman Brothers experience?
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
In my almost 20 years of doing Subject 2's and working with other investors in almost every State in the US, in the very few instances the Due on Sale is called it is because if the inexperience of the Investor in not knowing how the transaction is to be done, (not closing with a Title Company or Attorney, not doing the Insurance correctly)Most of all, (not communicating with the seller) Bank calls the Seller to offer them Life Insurance or some other service, and the seller tells them, "I don't own that house any longer, some guy took that house from me and put some renter in it"If you dig into any investor that tells you they had a property or a friend of their brother in laws Collage roommate that had the Due on Sale clause called, you will most likely find that the investor screwed up somewhere.This is why Education and knowledge is needed on any Real Estate transaction.I get calls almost everyday from someone who screwed up on a Subject 2 and is asking to be bailed out, many times they do not want to pay for help, and things just get worse.If you know how to make the Bank Comfortable with the transaction, all is good.Last year I had a couple of hedge fund managers call me asking how they can offer their under preforming loans to Investors to by Subject 2, wow what a great deal, I could call Pace and he would have buyers the same day for a 1,000 homes, but the legal aspect of this would hold the Hedge fund liable so we could not do a deal.
Jaycee Greene
First Time Homebuyer House Hack to Duplex Rental
16 November 2024 | 0 replies
Bought from the brother of a client at the time How did you finance this deal?
Bree Jimenez
Hi, it's me again just need some advice,
19 November 2024 | 11 replies
My brother and I had to hire an attorney to fight for our share of the estate.
Karl Kauper
Evictions in Worcester, Massachusetts Area
20 November 2024 | 8 replies
However, I need to convince my brothers that renting it out is a better option than letting it sit vacant, so I need information about the eviction process.
Bruce Lynn
Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
Once we got possession turned out her brother had deconstructed some old chevy and then put kind of back together in the basement and we had to get a backhoe to lift it out..
Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
It is the IRS rules around short term rentals.Loophole - A way of avoiding or escaping a cost or legal burden that would otherwise apply by means of an omission or ambiguity in the wording of a contract or law.
Renay Reese
Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
Pepper spray will affect them as much as the perp, making it difficult to escape.
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
@Collin Schwartz Congrats Brother!