
20 June 2024 | 5 replies
I feel i’ve grown a bit fast for myself and now have secured 3 rental properties under my belt in one year - Two being out-of-state and one being my primary residence turned into a rental, which is what brought me to this question: does anyone know any real estate attorneys in Texas that can look over my lease agreement?

17 June 2024 | 2 replies
Has anyone heard of LGS Secures Financing LLC?

19 June 2024 | 32 replies
Both FNMA and FHLMC permit this, under the following circumstances: Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the propertya limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe 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).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.Citation: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (04/13/2022)Now, you will still have the Note and reporting in your name individually and will still be personally responsible for the mortgage and most likely, the manner of transfer will enable any litigant to pierce the veil of your LLC, but you'll have what you wanted, for whatever reason.

17 June 2024 | 11 replies
For all of my properties, when I acquire them, I open two bank accounts: One for the traditional rent/maintenance, capex, etc. and one for security deposits.

20 June 2024 | 7 replies
Lenders offer many flexible solutions to help investors secure a mortgage.

19 June 2024 | 10 replies
I use to collect a security deposit but decided it was more hassle than it was worth.

19 June 2024 | 2 replies
- Security deposit transferred over with interest?

19 June 2024 | 3 replies
It would be considered a seller carry back.The buyer would have to come in with some down payment money, you create a note, and the buyer would have to secure bank financing.My good friend Bill Ham wrote a book called Creative Cache.

19 June 2024 | 7 replies
Hello I am local to Cleveland/Akron Market and also beginner in real-estate looking for connection that i can work with to secure my first two investment properties .

20 June 2024 | 23 replies
It's the same terms as a normal purchase, just finished after you cash close (to secure the property fast) with a 30-yr term.