Christopher Figueroa
Investment Mortgage - Irvington, New Jersey (Essex)
22 December 2019 | 9 replies
PrepaidsHomeowner's Insurance Premium ( months)Mortgage Insurance Premium ( months)Prepaid Interest ($28.50 per day for 17 days @4.75 %) $485Property Taxes ( months)G.
Chris C.
Opening bank account with EIN - any tips?
13 September 2020 | 2 replies
Just be sure to follow state laws regarding your escrow/trust account (where you hold tenants' security deposits, prepaid rent, etc) - Those normally must be held in a separate account and cannot be commingled with operating funds.
Carson Kesner
Tenant Wants to pay entire years worth of rent but...
14 January 2019 | 127 replies
Which is what you would have to do if someone has prepaid their rent but is in violation on other terms of the lease.
Marc Dufour
Accept or deny?
17 March 2014 | 26 replies
If he's on a 1 year, pre-paid lease and you find out 2 months into it that he's doing drugs in the property, you are stuck.
Blake Reynolds
Legal Shield
5 September 2021 | 14 replies
I obviously believe in Legal Shield (aka Pre-paid Legal), so I signed up to be an associate for them too.
Michael J.
Out of town rentals?
10 September 2008 | 39 replies
You just have to be prepaid for anything.
Mason V.
Ate there any restrictions on private money?
5 March 2015 | 2 replies
No real issue for a borrower except in getting that investor or lender to act, if you talked them into it, you can have responsibilities beyond the loan.Private lenders are not registered and can not charge points as points are pre-paid interest that effect the APR in TILA matters, state laws may have usury laws and pre-paid interest goes to commercial lending, meaning lending as a business operation where the lender is registered.
Dave Rav
Marketing - mailings
21 March 2023 | 3 replies
Our custom-made postcards are printed with the addresses handwritten and actual stamps (not weighted or prepaid postage).
Nathaniel C.
Rent proration question
22 March 2019 | 0 replies
There were no adjustments for prepaid rent at closing.
Peggy Ann Thrower
How does hard money lending work?
15 September 2014 | 8 replies
Y points is the upfront cost of the loan (can be called origination fee or pre-paid interest).