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Results (10,000+)
Mark A. McElhannon Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
McElhannon: I'm curious on peoples go to approach to secure financing for an investment property - use a broker? 
Chris Seveney Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
However, deeds in lieu of foreclosure can be subject to judicial attack by their grantors and their grantors' creditors.Grounds for attacks on deeds in lieu of foreclosure include the following:• That the deed was an equitable mortgage - that the parties intended the deed to be given as security for a debt and that the deed was not an absolute conveyance.• That the deed is either a preferential or fraudulent transaction within the purview of the provisions of the federal Bankruptcy Act or any other related state law.• That the deed is a device to clog a mortgagor's right of redemption.• Unfairness of the consideration.• Coercion, fraud, oppression, duress, and undue influence.• That the deed is not subsequent to the execution of the mortgage but contemporaneous with it.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!   
Scott Trench Trump Policies Will Put Downward Pressure on Real Estate Rents/Prices
21 February 2025 | 250 replies
Elon literally holds a Top Secret USG security clearance level.
Brad Kremer How to access equity for HELOC on MFR duplex in TX?
27 January 2025 | 3 replies
Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.
Brandon Dixon 100 percent financed/Juan Pablo reviews?
23 January 2025 | 39 replies
Updated - I've been in the 100PF MAP program for over a year now, still have not secure my first multifamily unit.
Duarte Marques Is it possible to get DSCR Loan without credit score and other factors?
2 February 2025 | 9 replies
Not that it really matters.No institutional lender will give someone a loan that doesn't have:1) Credit history2) A social security number3) Income3) Employment historyYou'll want to research Wholesaling and Land Contracts.
Kristin Mathern Asking for advice on tenant locksmith situation
4 February 2025 | 14 replies
Was it indeed just locked, or did the latch mechanism fail, which often happens with bedroom sets that have plastic components in that mechanism; or did the screws that secure the latch into the door come loose, allowing the latch and/or the screws to prevent the door from opening...also not an uncommon event.
Jonathan Weinberger I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
However, the journey has been anything but smooth, and we are now at a critical crossroads.Despite securing approval for our 42 townhouses, the soaring construction costs have made the project financially unfeasible.
Troy Parker Renting your first rental to a friend
26 January 2025 | 11 replies
Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).
Corinne Chalmers How to find out amount of subordinate NACA agreementte
21 January 2025 | 2 replies
They need a contract with email addresses and social security numbers to provide the amount.