Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
There are so many landlords that never update their lease or other documents.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].
Miguel Garcia
Out of state investing
14 January 2025 | 5 replies
You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.
Stuart Udis
GC Commercial General Liability Coverage
25 January 2025 | 0 replies
I've been receiving more quotes than in the past containing endorsements excluding coverage for condominium/PUD construction.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
A rent heavy market, with a shortage, I am receiving regular requests for rentals in these markets.
Anthony Becerra
Flipping: Getting Under Contract & Getting POF
21 January 2025 | 4 replies
Proof of funds would be a bank statement or some other document indicating the liquidity you have.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.
Kody Smith
Hello, I'm just Getting started with creative finance.
24 January 2025 | 4 replies
.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.
Evelyne Ling
Junior Lender Foreclosure questions
6 January 2025 | 2 replies
Is there a specific document that I will need?
Jim Stanley
Worth it to use insurance for a repair.
23 January 2025 | 9 replies
Also be sure your PM is documenting everything if you already started demo and rehab.