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29 January 2025 | 12 replies
What is the Wyoming connection to this transaction?
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7 February 2025 | 40 replies
There's a transaction fee cut off each payment (to cover the cost of the company that handles the transaction).
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13 January 2025 | 8 replies
I called and emailed Nomad daily and could not reach a live person, even in an emergency.
13 January 2025 | 41 replies
Bottom line, make it so that you never need the seller again after the transaction is closed.
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22 January 2025 | 21 replies
Financing must be through non-recourse loans, and you must avoid prohibited transactions, such as personal use or self-dealing.
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28 January 2025 | 14 replies
There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).
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22 January 2025 | 1 reply
While I’ve been handling smaller real estate transactions for about a year and a half, I knew I needed guidance to break into this space.
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15 January 2025 | 49 replies
My bank said no problems on their end, and I was never able to reconnect my bank for downloading transactions.
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29 January 2025 | 107 replies
Now I am here to help others, though I do still learn daily.
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15 January 2025 | 6 replies
Roberto, was the transaction successful?