
20 September 2019 | 24 replies
Ive realized personal growth is an instrumental part to gaining momentum financially, best of luck to you.

20 November 2019 | 18 replies
the other gotcha that is boiler plate in many debt instruments for real estate is. even if you have them on separate mortgages if you have a default on one property any other mortgage with the same lender is then in default..

19 November 2019 | 7 replies
Then you do the purchase and sales agreement plus loan docs and security instrument through title and escrow.

20 November 2019 | 5 replies
As a California real estate assistant, it sounds like you're allowed to do the following:-cold-call prospective customers (although not regarding a specific property, transaction, or product), -assist with open houses,-conduct a comparative market analysis (i.e. identify comp properties), -arrange appointments, -give entrance to a property to inspectors or other authorized 3rd parties, -prepare and design advertising, -prepare documents and transaction instruments, -deliver and obtain signatures for documents (although you can't discuss the contents), -accept money for trust funds (i.e. earnest money or similar), -relay certain information between the agent and the principal, and -review transaction documents for completeness and compliance.Hope this helps.

27 November 2019 | 18 replies
So it seems this would work for single member or married joint ownership, but not ideal for a partner situation.Here is the text from Fannie Mae Servicing guidelines that lays out the rules (link to full text at the bottom):a limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guideunderwriting requirements.https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.html

15 December 2019 | 50 replies
YouTube and BiggerPockets have been the two most instrumental mediums for my business.

27 November 2019 | 2 replies
If one owned a single member LLC within their Roth IRA, and that entity invested exclusively in real estate, tax liens and debt instruments, would it not be acceptable to simply incorporate "grammar school" like accounting (how much IN versus how much Out).

18 December 2019 | 19 replies
For me, real estate acquisition and transactions were instrumental in me, personally, paying off my debts.

12 May 2020 | 11 replies
My PM was instrumental in helping some of my inherited tenants finding better places for them as their leases expired.DM me if you need any more info from my experience.

28 October 2019 | 1 reply
What I wouldn’t do is take my name off the deed (which conveys ownership of an asset) and keep my name on the mortgage (which is the debt instrument).