
22 June 2011 | 18 replies
In other words, if your tenant falls and brakes their neck in your rental, they can only sue yoru insurance and the LLC, not you personally or your other persoanl assets, UNLESS . . .Just to piggyback on Will's response.There is more to add to the UNLESSYou said that your LLC is a single member LLC and you implied that you will also manage the LLC and the rental property that the LLC owns.

18 June 2011 | 4 replies
The warranty is implied and if it was a new home other warranties may apply.Giving a quit claim bars the lender from seeking any deficiency amount, it is accepting the property in lieu of the amounts owed.

27 June 2011 | 8 replies
Hi Cody, Depending on how much the mortgage payment is per month you might not need a coborrower-FHA allows for people who have a degree and a job to get a mortgage provided that the job is in the same line of work as the degree.So for instance you cant go get a degree in math and get a job as a dog trainer and say hey I don't have two year job history but I have a degree.

5 July 2011 | 14 replies
i called their CFO, here was his explanation1) They bought a smaller trust company last year, so the Customer accounts was actuallythe "IMplied value of the accounts" that they purchased from sterling.2) The Due from related ntities is the deposit value of orders with companies that theyown but don't carry on balance sheet.

29 June 2011 | 11 replies
So, to keep getting lots of REO listings, that listing agent has to be very loyal to the seller.So, I would not expect that a "dual agency" as you described would imply loyalty to the buyer.

8 July 2011 | 10 replies
As I implied before, this is a hypothetical situation.

10 July 2011 | 27 replies
I also don't know any successful investors who would leave it up to the contractor to pick out all the finishing materials, which is what you imply when you say the investor never needs to be on-site.Personally, I have a full-time employee whose job it is to be on-site everyday (across multiple projects, so he may spend as little as an hour on-site each day or as much as 6-8 hours).

8 August 2011 | 36 replies
Your question implies that you are choosing between insurance and a business entity.

8 August 2011 | 17 replies
Would there be a way to pay her via a rent abatement for $160 and avoid an implied admission of guilt?
2 December 2008 | 46 replies
For all of the reasons you posted is why experienced investors who rehab properties and resell to the retail public don’t like the television word of “flip this house.†You are right by lender definition flipping has implied or express implications of fraud and therefore might possibly run into seasoning issues.