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24 May 2007 | 11 replies
With 5 lien holders and 2 of them have legal right over the first mortgage this one would be a nightmare to do even if he agreed to the sale.
21 June 2007 | 4 replies
I'm fuzzy on this part, but I think if (say) the second mortgage holder redeems for the sale price, then next guy would have to redeem for the sales price plus the amount owed the second mortgage holder.
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17 June 2007 | 50 replies
I believe our children will be very glad that we bought this property when they inherit it.Some of the people here telling you this is a horrible (not "marginal") deal are buy-and-holders as well.It sounds like you will buy this property.
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26 June 2007 | 1 reply
We have two joint bank accounts (one with me as the first account holder and my brother as second holder; second with my brother as firstaccount holder and myself as second holder).
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29 June 2007 | 6 replies
Most investors avoid having a license as it just increases the liability without really helping with finding deals.At the same time being a RE license holder means you can do some things that investors really can not.
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3 July 2007 | 9 replies
Short sale with the mortgage holder?
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23 July 2007 | 2 replies
You can buy apartments through LLC, generally lenders will look at the majority holder's credit.
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29 May 2008 | 17 replies
If you have questions pick up the phone or email someone.By the way once a shelf corporation is activated meaning that the transfer of ownership has been completed it is no longer a shelf corporation but rather an active company doing business under the laws of the state where you do business in and it is registered with the secretary in your state which you as a person is either the sole share holder or if there are multiple partners then it is legal structure according to the share allocated to each officer of the company and filed that way with the secretary of your state.
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11 December 2009 | 11 replies
The original owner is entitled to the excess proceeds unless there is a lien holder that is next in line (such as a second mortgage that wasn't paid off).You can get a portion of the proceeds if you have an agreement to do so with whoever is due the proceeds.
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31 July 2007 | 13 replies
Anyone know of an Investor in Atlanta that needs a Treo-holder and Starbucks-getter?