Nate Mcauley
New Investor looking to get my first rental.
12 February 2024 | 11 replies
, I have joined a REIA and have been networking with as many investors, agents and lenders I can which has been instrumental in the development of my plan.
Account Closed
Where to put profits from my home sale?
10 February 2024 | 21 replies
You could also explore fixed income mutual funds or ETFs, but these may lose principal.For the balance, consider that 10-12 years is a long enough time horizon that fixed income instruments - bonds, CDs, or debt funds - are subject to inflation risk.
Arzu Alimjan
Flip - Money Stolen
9 February 2024 | 13 replies
If you did not have them sign a note and a security instrument that will make it 10x tougher.
Blake Sullivan
Introduction of Myself
9 February 2024 | 8 replies
Real estate may be an effective wealth-building instrument.
Bret Halsey
Columbus, Cincinnati, Louisville, Indianapolis Triangle
8 February 2024 | 29 replies
He has been instrumental in my success there.
Jordan Lisnow
Getting a Deal in Early 20's WITHOUT being eligible for a lot of loans
7 February 2024 | 4 replies
This was deal was instrumental in my wealth building journey.
Erin Wamsley
Why use quit claim instead of warranty deed to transfer to LLC?
6 February 2024 | 12 replies
If it doesn’t, it’s defective.To me when I see a quitclaim deed in the chain it just makes me curious about the grantor’s title… also whether the instrument was properly prepared and is valid.
Jessica Carcamo
A Journey into Real Estate Investing
4 February 2024 | 2 replies
I recognize the value of building a strong network and believe that partnerships are instrumental in achieving success in this field.I am reaching out to seasoned professionals like yourself with the hope of gaining insights, guidance, and potentially forming partnerships that could be mutually beneficial.
Desmond Fielding
Transferring Property to an LLC - Fannie Mae Approved Method
4 February 2024 | 5 replies
"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) to a limited liability company (LLC), provided that the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the 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)."
Alex Sinunu
Starting out private lending in CA
6 February 2024 | 67 replies
Many people forget that all a mortgage or deed of trust is is a security instrument.