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17 January 2025 | 9 replies
HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."
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21 January 2025 | 18 replies
The city itself is established, older neighborhoods, better city amenities (museums, arts/music etc), more pro sports, more hills, bigger river, has a streetcar, arguably better nightlife overall.
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23 January 2025 | 23 replies
You are not a borrower, you are not liable for the debt, you may need to sign the security instrument to allow the mortgage to be recorded, but this does not change the above statements.
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29 January 2025 | 12 replies
A HELOC is a short term debt instrument.
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22 January 2025 | 203 replies
This offers a wide range of outdoor activities and recreational opportunities.Cultural Hubs: Cities like Los Angeles and San Francisco are major cultural centers, offering world-class museums, theaters, music venues, and diverse culinary scenes.
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3 January 2025 | 10 replies
She goes with friends to more events as I am not an addict or in the program.Live music and dancing!
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15 January 2025 | 34 replies
A home loan is made via the note with a Mortgage/DOT (depending on state) attached as the security instrument, which allows the home to serve as collateral if the note is not upheld.
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13 January 2025 | 25 replies
This site has been instrumental in getting me from 0 properties to where I am today.
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6 January 2025 | 11 replies
I think what you’re referring to is a checkbook IRA so you can bypass the custodian when performing transactions/investing and all assets/accounts will be held in the name of a special purpose LLC or Trust which is the instrument that gives you checkbook control.
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31 December 2024 | 0 replies
The hard money lender I worked with was instrumental in closing quickly, and I partnered with a fantastic general contractor who helped me stay on track despite the challenges.