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20 November 2024 | 9 replies
Personally, I can see no valid reason to ever use conventional financing for an investment property.
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21 November 2024 | 8 replies
Email me and I will connect you with my person there.
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20 November 2024 | 2 replies
Defaults and Remedies A default exists under this note if (1) Borrower defaults in the payment of this note or in the performance of any obligation in any instrument securing or collateral to this note; (2) (a) Borrower or (b) any other person liable on any part of this note (an "Other Obligated Party") fails to timely pay or perform any obligation or covenant in any written agreement between Lender and Borrower or any Other Obligated Party other than as described in (1) above; (3) any representation in this note or in any other written agreement between Lender and Borrower or any Other Obligated Party is materially false when made; (4) a receiver is appointed for Borrower or an Other Obligated Party or any property on which a lien or security interest is created as security (the "Collateral Security") for any part of this note; (5) any Collateral Security is assigned for the benefit of creditors; (6) a bankruptcy or insolvency proceeding is commenced by Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; (7) (a) a bankruptcy or insolvency proceeding is commenced against Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party and (b) the proceeding continues without dismissal for sixty days, the party against whom the proceeding is commenced admits the material allegations of the petition against it, or an order for relief is entered; (8) Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party is terminated, begins to wind up its affairs, or is authorized to terminate or wind up its affairs by its governing body or persons, or any event occurs or condition exists that permits the termination or winding up of the affairs of Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; or (9) any Collateral Security is impaired by loss, theft, damage, levy and execution, issuance of an official writ or order of seizure, or destruction, unless it is promptly replaced with collateral security of like kind and quality or restored to its former condition.
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20 November 2024 | 20 replies
Has anyone had any problems using the C.A.R form with the "or ASSIGNED" and assigned to another person.And would I have to notify the realtor or selling parties that I have assigned the purchase agreement to another person or entity?
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18 November 2024 | 47 replies
One thing I have also seen investors do is have too many personal use days which can have lead to a similar situation as Jackson.
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20 November 2024 | 45 replies
And I personally like it because now the commish is on the counter offers and the buyers have to see it and sign it..
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20 November 2024 | 3 replies
Often times, Lender’s will not let you switch from personal to an LLC.
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22 November 2024 | 13 replies
I got a doctor who was all set up long term lease NNN personal guarantee of someone with wherewithal.
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25 November 2024 | 23 replies
If it is not a contractor that you will be using I would pay this person for their time.
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18 November 2024 | 3 replies
If you can get a 100k Personal loan then go for it.