5 October 2020 | 28 replies
@Kris Haskins - I've just read the actual indictment fully:http://mortgagefraudblog.com/wp-content/uploads/20...It would appear that the 5 defendants involved, actively & knowingly participated in the creation & submission of false & fraudulent documentation to secure the short sales - 9 counts of fraud in total, and it would further appear that they were aware of their actions.There also seem to be issues with "declared relationships" (which is interesting as it could pose problems for wholesalers with relationships with realtors finding the short sales on their behalf).
24 April 2017 | 5 replies
That will make the creation of this new business so much more easy.
17 August 2011 | 27 replies
The unemployment rate, net migration, wealth, job creation, etc. all matter.
17 June 2022 | 5 replies
We have been hearing a single entity LLC with no creation of EIN.
11 May 2020 | 15 replies
There are alternatives to full time Property Managers some just charge per lease creation, meaning that if you have a tenant in your property with an active lease your not paying additional fees.
24 April 2020 | 5 replies
NY also has some interesting LLC creation rules - like having to announce in the local paper.
8 October 2018 | 0 replies
Here is the crux of what I am trying to accomplish. I am an investor with a cash glut. I am mainly interested in affordable housing in, and around, the Philadelphia, PA market. I have 2 primary goals.....first, partne...
11 May 2019 | 17 replies
The due-on clause is called an alienation clause, and the call is referred to as an acceleration of the note balance.The due-on clause is triggered by: any conveyance of ownership, including land sales contracts; origination (except home equity loans) or foreclosure of junior trust deeds on the property; or the creation of a lease for more than three years, or any lease with an option to buy. [12 Code of Federal Regulations §591.2(b)]The carryback AITD transaction, of course, involves both a sale (the grant deed) and a further encumbrance (the trust deed).Thus, an AITD transaction triggers the due-on clause in any underlying trust deed, allowing the lender to: call or recast the loan unless written consent to the sale has been given; or fail to act on the right to call after notice of the transaction, called a waiver.Thus, when current market interest rates are high and the AITD is most beneficial to both the buyer and the seller, a senior trust deed lender is likely to call the underlying loan due on the sale.
31 October 2018 | 7 replies
Live in it and eliminate your housing expense, which can be a very good strategy for rapid wealth creation.
4 November 2018 | 0 replies
To take this run down home into my hands and mould it into a beautiful creation that I can sell to not only put money in my pocket, but to bring it back to life and make a new family very happy with everything they are looking for in a home for as long as they want to live in it.