14 January 2023 | 12 replies
You typically can select how your proxie can be used, either by the Board as a whole; percentage of the Board; or only a specific person. As
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30 May 2020 | 5 replies
@Greg M. as counter-intuitive as it sounds the uncertainty of raising rates is actually helpful.
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1 April 2013 | 33 replies
McGaughe" on the subject.There are state and federal laws to consider.From the SEC website:The federal securities laws define the term accredited investor in Rule 501 of Regulation D as:a bank, insurance company, registered investment company, business development company, or small business investment company;an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;a charitable organization, corporation, or partnership with assets exceeding $5 million;a director, executive officer, or general partner of the company selling the securities;a business in which all the equity owners are accredited investors;a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person;a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; ora trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes.The aforementioned is personal opinion and none of the content should be construed a binding offer or agreement.
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1 March 2014 | 14 replies
Scenario One: Person A lends money on a house.
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22 July 2022 | 5 replies
It's not even honest because the investor borrows from Person A as the down payment from Person B, so they're technically borrowing 100% of the purchase price.
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24 August 2017 | 7 replies
So upon returning from my out-of-town assignment I immediately drove by my first-ever investment property; I was so excited to see it in person! As
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18 April 2017 | 15 replies
I've had appraisers, inspectors come by, and no one ever complained, so I get the feeling they're grandfathered.As to how to rent the additional unit, it's simpler to rent the upstairs unit to a couple, and downstairs to a single person. As
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13 May 2021 | 9 replies
But I would rent the whole building for sure.having experience with this on a persona/family level they are highly transient.
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14 July 2021 | 26 replies
@Wayne Brooks Fannie Mae does not "allow" you to do this- you apply with the servicer, trustee and lender to be approved to do this, and SOMETIMES if the LLC is single person as owner (not partners who aren't on the loan) they MIGHT allow the transfer.