Jennings Cahoon
First buy long term rental
16 August 2022 | 7 replies
Not only are there no banks or traditional lenders involved, owner financing doesn’t necessitate an inspection or appraisal unless the buyer wants them.Once a buyer and seller agree to terms, monthly payments are made to the owner-seller according to an agreed-upon amortization schedule.
Jack B.
10-31 mortgaged property for multiple paid in full properties?
1 June 2016 | 5 replies
In this instance the replacements are going to necessitate that you either take out a new loan or loans to replace the mortgage or bring cash to the table so you can still purchase at least as much as you sell.3.
Rob Murphy
First time investor/home buyer. Need some quick advice
20 October 2015 | 15 replies
Doing so will bring in the requirement of proper fire separation between the units ... in many/most jurisdictions simply having a second kitchen w/ a range in (say) the basement necessitates fire separation between floors.Yes, there are many landlords who skirt these requirements and get away with it ... until they don't.
Nick Brubaker
Does a two-month flip necessitate and LLC?
8 March 2016 | 6 replies
Hi everyone,I am currently under contract on my first flip property. The work on the property is not terribly extensive and should be completed in 2-3 weeks. I'm wondering if it still makes sense to put this propert...
Jordan Lagrassa
Rewiring or replumbing a house
23 March 2016 | 22 replies
Also, some banks and some insurance companies require an inspection, which may result in finding something that necessitates the need to rewire and/or replumb.What specifically is your current situation?
Chad Huffer
Attorney says residential prop sale is a commercial transaction
31 March 2016 | 15 replies
It doesn't have to be a commercial property to necessitate a commercial loan.Sorry, though, I am not familiar with the disclosure/disclaimer you are asking about.
Christian Cardamone
Mobile Home Titles and Transfer to Tenants
14 October 2019 | 2 replies
That would necessitate them only working about 10 hours per week (you cannot pay less than minimum wage, not including the free lot rent which is defined as a condition of employment).
Jo Ballagh
Tenant Cat Fight Getting Out Of Control
26 October 2019 | 26 replies
I suggest that you issue the man a notice to quit for serious nuisance, and list the two episodes - threatening a neighbor/visitor with a club (after all, that's what a piano leg is) in the parking lot, and screaming, cursing, and slamming doors at 1:40 AM in his unit, thus disturbing everyone else's peaceful enjoyment, and necessitating that the police come for a second time to deal with his behavior.
Tai Bhattad
Alabama Tax Sale: Hospital Lien Question
15 October 2019 | 4 replies
The lien is "upon any and all actions, claims, counterclaims and demands accruing to said injured person or accruing to the legal representative of said injured person [in case they die], and upon all judgments, settlements and settlement agreements entered into by virtue thereof on account of injuries given rise to such actions, claims, counterclaims, demands, judgments, settlements, or settlement agreements which necessitated such hospital care."
Patty Capson
Buying a property with a terrible tenant....help!
11 November 2019 | 13 replies
Word it as though there are serious upgrades that need to be done that necessitate the property being vacated.