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2 September 2024 | 9 replies
In general (not legal advice), in most states you **should** be okay to purchase notes without a license (if the loan was properly originated).
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3 September 2024 | 0 replies
The main challenge was ensuring all financial and legal aspects were handled swiftly, but our established processes and experienced team made this a seamless transaction.
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3 September 2024 | 6 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.
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3 September 2024 | 7 replies
The more trusts you have the more legal fees.
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4 September 2024 | 10 replies
You do a partial 1031 exchange or not at all ( pay the tax ) and invest in value add turn around deals with a syndicator or on your own.None of what I have posted here is legal advice.
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3 September 2024 | 7 replies
Without providing legal advice, this may help.
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2 September 2024 | 7 replies
Here is what Gemini AI says, better put than I can:Land Contracts in Kentucky: A Brief OverviewA land contract, also known as a contract for deed or installment sale contract, is a type of real estate purchase agreement where the seller retains title to the property until the buyer has paid the full purchase price, typically in installments.Key Features of a Kentucky Land Contract: Conditional Title Transfer: The seller maintains legal title to the property until the buyer has fully paid the purchase price.
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6 September 2024 | 39 replies
Also I could be wrong but I think to legally lend in OHIO one needs to be state licensed and NMLS registered.. again could be wrong but I know we are setting up a very narrow niche lending platform there for foreclosing buying and I got recruited because they need my license to be legal.Now for the private folks who only do a few loans and don't hold themselves out as lenders like you obviously do there is usually a carve out.
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2 September 2024 | 3 replies
Contractual or legal sidesteps.
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2 September 2024 | 5 replies
Legal Aid of Western Missouri working for the neighborhood association.