20 June 2024 | 2 replies
I probably would just let it slide tbh.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3047103/small_1718063615-avatar-kymberlyc2.jpg?twic=v1/output=image&v=2)
20 June 2024 | 12 replies
When I first started my STR business in 2019, I watched F&G and other similar videos (such as Noelle Randall on business credit cards), and subsequently started making application for business cards.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/526130/small_1694593698-avatar-percym2.jpg?twic=v1/output=image&v=2)
21 June 2024 | 23 replies
But now a days the title policy will read to that beneficiary and any subsequent assignee's.. and Tim I posted the state of CA disclosure document we used for multi bene loans. so you can see that.what should happen in these multi bene loans is a document that allows the sponsor to prosecute a foreclosure.. if you dont have that each bene has to agree and that is were these get sticky.. 4 investor say foreclose and one says nope.. keep in mind in the mid 80s in the Bay area our loan sizes were already 200 to 500k for HML.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2767382/small_1686547531-avatar-danielc1310.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1168636/small_1666149539-avatar-golanc.jpg?twic=v1/output=image&v=2)
25 June 2024 | 125 replies
The reality is virtually every residential syndication’s slide deck is emphasizing the appreciation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/90938/small_1621416585-avatar-lilembz.jpg?twic=v1/output=image&v=2)
18 June 2024 | 69 replies
However, once I assign a deal or two to an investor with no issue, I will usually cut out my attorney and just deal directly with the investor and title co on subsequent deals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3037652/small_1717526425-avatar-carterf23.jpg?twic=v1/output=image&v=2)
11 June 2024 | 1 reply
I'm Carter, a senior in college who will be graduating this December and subsequently working full time in Public Accounting.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2741057/small_1686690547-avatar-donm176.jpg?twic=v1/output=image&v=2)
12 June 2024 | 16 replies
Does anyone here have experience clearing a title after a tax sale in upstate New York and subsequently selling the property to a retail buyer?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2175760/small_1680292053-avatar-cory1775.jpg?twic=v1/output=image&v=2)
18 June 2024 | 83 replies
I am watching it bring new life to towns that have been on a downward slide since textiles, steel and other big industries were shut down or moved over seas.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1514118/small_1621513105-avatar-noahp33.jpg?twic=v1/output=image&v=2)
11 June 2024 | 18 replies
Essentially my taxes suddenly weren't being paid and they subsequently lowered my escrow payment.