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19 September 2024 | 7 replies
If the cosigner/guarantor owns real estate for example, any unpaid judgement will become a lien on that property and raise the odds significantly for eventually getting paid.If the cosigner/guarantor doesn't have assets like real estate to go after all they are offering you is a promise and last I checked you can't cash a promise!
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22 September 2024 | 13 replies
If done right, it could be a win-win for everyone involved.
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21 September 2024 | 19 replies
Such an act involves a deliberate disregard for the safety or well-being of another person.
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24 September 2024 | 49 replies
It's not just a ramp that's involved but sink height, padded pipes, etc.
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22 September 2024 | 8 replies
Another option would be to speak with your tax person about the requirements and expense involved in lending the cash to the llc when needed.
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20 September 2024 | 22 replies
It did involve having to put in 3 dormers.
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20 September 2024 | 0 replies
I really don’t want the seller to just walk away because the U&O is too difficult (I also went through this process about a month ago with another home.)Should I call offer some advice/contractors number to hire to get it fixed up, go get a lawyer involved, or do I have other options?
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19 September 2024 | 4 replies
I can see the advantages of being able to get a down payment to reinvest in a small MFR and I will be able to capitalize on my lower interest for some positive cash flow.All of the disadvantages I can think of involve some upfront investment for legal advice and work, time for further education and that's about it.Any feedback will be greatly appreciated.Thanks all!
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20 September 2024 | 25 replies
I look forward to getting more involved with this community!
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20 September 2024 | 5 replies
Very few lenders do well in the space due to the risks involved (novelty, rules/regulations, etc...).