23 February 2024 | 8 replies
Finding a solution that works for both parties is ideal, but if that proves difficult, it may be necessary to consider alternative steps to safeguard your investment.Please note that this is general advice, and consulting with a legal professional who is familiar with the specific laws and regulations in your area is recommended for a more accurate assessment of your situation.Best regards,
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23 February 2024 | 14 replies
Unfortunately, it became apparent that most companies were seeking experienced property managers to safeguard their investments, which is entirely understandable.
21 February 2024 | 51 replies
From my understanding if you do have their SSN there are extra safeguards you need to keep them safe but I barely looked into it.
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20 February 2024 | 13 replies
It's interesting what people will do in acts of desparation.In my experience, lenders (specifically private lenders) will do what they can to work with a borrower to avoid foreclosure, which is a costly endeavor for the lender and requires time to process, usually months and months, depending on your state.Also, while an LLC is often considered a safeguard to protect personal assets, a lender using an LLC for multiple loans may have a substantial value to their LLC, which could all be at risk.Finally, if the wrongful foreclosure suit is legitimate and based on an error by the lender themselves, an attorney could logically sue both the LLC and the individual.
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19 February 2024 | 8 replies
It is important to obtain insurance that will adequately safeguard your property and renters in addition to fulfilling the criteria of your lender.
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20 February 2024 | 24 replies
Making a greater down payment will help you create equity more quickly and safeguard your investment in case market swings occur if property prices are rising quickly.In the end, the choice is based on your unique financial circumstances and investing goals.
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20 February 2024 | 16 replies
The small caucus that gathered at our inaugural annual conference shared ideas to bring the profession into the mainstream and safeguard its position in the larger finance market.Perhaps the most crucial idea to come out of that conference was the need for a new term to define their vision for the industry and its future: not “hard money” and “hard money lenders” but “private money” and “private lenders.”
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16 February 2024 | 12 replies
Additionally, while it's not uncommon for syndicators to have affiliations with related businesses such as construction companies, proper disclosure and management of potential conflicts of interest are essential to safeguard investors' interests.Investing in syndications does involve a level of trust in the syndicator's expertise and integrity.
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17 February 2024 | 40 replies
Of course you should safe guard your credit but 5 pulls is equal to 1 pull in a 45 day period.
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22 September 2016 | 6 replies
That said, in my personal opinion, SA is all about structuring and safeguarding the process.