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5 September 2024 | 11 replies
Issue the loan to the borrower's entity (LLC).Either be available to receive a call or return the call as swiftly as possible when the borrower comes calling.Allow the borrower to have multiple open loans simultaneously (if all parties are comfortable with it) to help the borrower grow their business.Have loan products that help the borrower to expand their investing options in relation to ground-up construction and/or multifamily.Have staff that are knowledgeable to investing that can assist and understand the borrower's concerns or requests.Just a few that come to mind.
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1 September 2024 | 3 replies
I plan on buying a third property and renting out the second, after the 1 year occupancy requirement, but am wondering what should be in the buy box?
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3 September 2024 | 20 replies
Quote from @John Jasko: Yes, and I was brought in to the deal by a 3rd party money wrangler who has since washed his hands of the whole thing.
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31 August 2024 | 5 replies
A 401k does not require a custodian or a third-party administrator (TPA), and you don't need an LLC to have checkbook control for your 401k.
4 September 2024 | 11 replies
If that is the case you could make them the responsible party for the cameras without you having access but I would just remove and store until vacant if this is single family and let them take the risk.
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3 September 2024 | 7 replies
I believe there is a basic tenet in the law that says that if a contract term is vague that it will be interpreted to favor the party that did NOT write the contract.
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1 September 2024 | 13 replies
The third method, which requires some time and effort, involves learning how to pull property addresses, names, and numbers.
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4 September 2024 | 10 replies
Generally, a simple refinance transaction should take no longer than 30 days or so assuming all parties operate smoothly together.
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3 September 2024 | 9 replies
The language barrier was the most difficult piece in my experience but I also ran into legal issues where the party that defaulted on their contract was connected so there wasn’t much I could do to get what I was owed.
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4 September 2024 | 28 replies
Every extortion attempt I have experienced in Baja has happened North of Ensenada.Beyond Ensenada are cool things like wineries (I do not drink wine), La Bufadora and its blow hole, great little fishing villages, Gurerro Negro and Scammons Lagoon (best whale watching on earth), San Pedro Martir (least visited forest region within a day of San Diego and has the twin Picacho del Diablo peaks and the national observatory), numerous Missions in various degrees of condition, hot springs, party towns (San Felipe), surf towns, snorkel/diving (anywhere in Sea of Cortex in Baja Sur), Sand Dunes (Baja races), etc.My worse theft south of Ensenada has been some bottled water.So the question is why Rosarito?