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30 June 2021 | 101 replies
I realize I am responding to this post, quite a while after its creation, and don't anticipate a response, but here goes nothing.
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16 April 2015 | 5 replies
I'm pretty comfortable with this size of rehab as I manage the systems for a rehab company including Scope creation, Project Management etc so feel I can get that side of it done.The part I'm not as sure of is once we convert it to a rental and the numbers to ensure cashflow there.
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6 September 2015 | 18 replies
The due on sale clause simply gives the lender the RIGHT to call the loan due upon transfer of title.The exceptions to calling the loan due in the Garn St Germain Act are below....See http://www.law.cornell.edu/uscode/text/12/1701j-3(d)Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon—(1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transfer or disposition described in regulations prescribed by the FederalHome Loan Bank Board.
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20 March 2012 | 25 replies
He is into a lot of different things, business creation and RE.
29 July 2017 | 3 replies
In the future we'd like to have a feature to help you create a legal lease, and upload and store these files on Cozy, but right now we're not quite there yet.I can certainly help point you in the direction of some useful resources for lease creation though!
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7 October 2015 | 7 replies
Visit with your attorney and your CPA to discuss creation and use of entities to hold title to your properties.
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5 February 2018 | 16 replies
These all have good net domestic migration, good job creation, and good organic rent growth numbers in linear real estate markets.
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10 May 2017 | 6 replies
Wealth creation is 10% Inspiration (Planning/Strategy) and 90% Perspiration (Getting it Done).
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18 October 2015 | 10 replies
In residential new agents drive buyers all over creation.
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14 February 2013 | 5 replies
Thank you for sharing your knowledge.I am looking to invest for long term wealth creation and do know that it will take time and effort both of which I am willing to commit.