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28 January 2025 | 11 replies
It still seems confusing.Where do I get an purchase agreement, how do I transfer into the investors name, do I put down earnest money???
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22 January 2025 | 13 replies
I’ve talked to a number of investors and they can’t get 10% down on owner finance transactions were the deed transfers at closing.I operate in 4 or 5 markets.
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22 January 2025 | 25 replies
Yes, you still do online shopping and coordination and so on, but hitting 500 hours in this case becomes far more challenging.
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1 February 2025 | 51 replies
The profit was around the same but I lost a lot of wealth in that transfer.
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6 February 2025 | 42 replies
I would first look at a place where you can transfer job wise that makes the most sense.
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24 January 2025 | 8 replies
., fractional ownership transfers).
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23 January 2025 | 9 replies
So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost.
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5 February 2025 | 13 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.
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12 January 2025 | 0 replies
If you are interested in helping out please comment or DM me and I will coordinate a call with you.
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21 January 2025 | 14 replies
All mortgages contain a “due on sale clause” which states that the lender may, at its option accelerate (call note due) if a transfer of the property securing the note takes place.