
16 September 2020 | 7 replies
I've been listening to the BP podcast religiously for the past few months and I'm kicking myself for glossing over the segments about complexes.

17 September 2020 | 16 replies
touchpoint=guideHere is the language:Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:A transfer of the property (or, if the borrower is an inter vivos revocable trust, a transfer of a beneficial interest in the trust) toa 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).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 Guide underwriting requirements.For a mortgage loan acquired by Fannie Mae after June 1, 2007, if a servicer reasonably believes that a due-on-transfer provision is unenforceable by law or would not be enforced by a court, the servicer is authorized to approve a transfer of an interest in the mortgaged property or a direct or indirect interest in the borrower (if an entity), provided the servicer has notified Fannie Mae’s Legal department (see F-4-03, List of Contacts) of the reason for its belief and Fannie Mae has either sent a notice of non-objection to the proposed transfer or not responded within 60 days of its receipt of the notice.The servicer must notify the applicable property insurance companies, tax authorities, the mortgage insurer, and any other interested parties when it processes a transfer of ownership.

18 September 2020 | 3 replies
It's a limiting belief to confront and get over, thinking that real estate investors are somehow different from non-real estate investors.

31 December 2020 | 14 replies
It is my belief that some wholesalers have cash buyers that doesn’t look through the MLS.

6 August 2012 | 1 reply
This is a lot of work for $3000.My belief is that spending that much time on wholesaling will net me considerably more per deal.

3 October 2013 | 17 replies
Contrary to popular belief, there are great rental markets in California!

19 September 2012 | 17 replies
I believe it deals with a licensed person who buys a property with the intent to flip it and there is the belief of or implied representation.

4 October 2012 | 6 replies
You need people represent your beliefs, but also clearly understand we are all Americans and that you will not be hung for coming up with a compromise solution that moves the country forward.

7 November 2012 | 2 replies
It seems more likely that his responses would have been consistent, echoing his belief that everything depended on the validity of the doctor’s letter.

27 November 2012 | 9 replies
So im under the impression that it is your belief that section 8 is here to stay as is?