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17 April 2024 | 5 replies
My title co. recorded my deed, but did not release my funds to the seller's mortgage co.
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17 April 2024 | 13 replies
I don't think it is a good idea any more than you should also get your insurance broker's license, your title insurance license, your contractors license, roofer's license, and while you're at it HVAC certification, Electrical and Plumbing Master licenses.Some people do both, but I think for the majority of people there is enough to keep up with on either business that if you try to do both you do neither the justice it deserves.
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16 April 2024 | 8 replies
Thank you in advance.Sendil Did you get title insurance?
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17 April 2024 | 3 replies
This will be critical so that you know how the title will vest.
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16 April 2024 | 2 replies
@Martin A Phillips I would talk to other local investors and see what title companies usually handle transactions with hard money lenders.
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16 April 2024 | 0 replies
Hello,Does anyone have any recommendations for an experienced attorney to set up and maintain a LLC for a rental property and that also does title transfers in florida?
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15 April 2024 | 4 replies
The property is a 4bd 1 Bath SFH with 4 almost identical rooms located in the Summit - University neighborhood in St Paul.
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16 April 2024 | 11 replies
Can you expand / comment on the "additional endorsement on my title ".
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15 April 2024 | 0 replies
(option to go to 24, but I want the initial project to begin locally.)Location- OhioMarket type- Local, within 8 miles to meBuilds- Identical 2700sf, 4 bed, 3 bath , placing the same structure that meets the tenants criteria in 9 locations.Debt: Seeking a refinancing option based on a 9% cap rateThe difference ( 450,000 x 9= 4,050,000 vs NOI of $384,261 / 9% = 4,269,576 or $474k/property + tenant)with our continued rates of appreciation and a standardized tenant/lease structure in place, this should be a win for everyone.Who has a solution?
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16 April 2024 | 21 replies
We consulted with various underwriters and all said they would call for a release if this came up in a title search.