Thomas Sbahtu
Purchase a land, Plan Purchase and Customization
19 June 2024 | 3 replies
As a civil engineer with expertise in road design, I am now looking to shift my focus to land development.
Dulce Davis
How to find home owner/squatter issue
21 June 2024 | 35 replies
Small Claims or Civil.....your choice.You can always sue anyone, anywhere, for anything.
James Wierzba
Sue for lack of disclosure of water intrusion?
20 June 2024 | 6 replies
First, the statute of limitations for nearly all civil matters in all states is 3 years.
Alecia Loveless
Useless property what to do?
21 June 2024 | 25 replies
Oh my, please invest in a civil survey and site plan that details everything recorded on it.
Jim K.
For newbies and the BIG MEANIE INVESTORS in the BiggerPockets forums
20 June 2024 | 69 replies
Hell, in the first 80 years of this country we had a revolutionary war, a British invasion, and a Civil War. 80 years starting at the Civil War we had two massive economic meltdowns and 2 World Wars.
Ryan Snelson
Is SCOTT CARSON (WeCloseNotes/Inverse Asset) DEFRAUDING Investors
20 June 2024 | 37 replies
I've been contacted by a few victims, not an easy choice, even sharing litigation costs, you have a difficult to enforce judgment.
Daniel Colon
Lender won't let me move the property to my LLC
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.
Derek Fortin
Help with ethical deals
17 June 2024 | 12 replies
You will be pulled in to the litigation.
Tyler Gilpin
Should I get an LLC with 10 properties or less?
15 June 2024 | 5 replies
The least you should have is an umbrella policy that will cover any litigation you may encounter.
Shenell Caldeira
Questions on how to contact the bank for a foreclosure
17 June 2024 | 19 replies
This greatly discourages any transfer of title until litigation is resolved and most title companies will not issue clear title during this time as the title is in play.