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Results (3,263+)
Jennifer Hillberg When do you form a corporation?
7 February 2007 | 9 replies
.) -- including a lien on the stock of a cooperative housing corporation (a “co-op”) -- no lender can enforce its due-on-sale clause due to any of the following prevalent circumstances:(1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property;(2) The creation of a purchase money security interest for household appliances;(3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) The granting of a leasehold interest of three years or less* not containing an option to purchase(5) A transfer to a relative resulting from the death of a borrower;(6) A transfer where the spouse or children of the borrower would become owners of the property;(7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property(8) A transfer of the borrower’s property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or(9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.
Mark Beekman My note trading scenario
20 March 2007 | 1 reply
I would then immediately flip the property and pay off the note.PROS:- The note is an 80% loan-to-value- there is a 10% interest rate on the note- I have excellent credit- a sum of cash would be offered to the new owner of the note as an incentive- an early payoff penalty would be in place on the noteCONS:- there is no payment history since the note creation and trade will take place almost simultaneously- there was no down payment paid to the seller of the houseAre there any firms that would accept a note like this?
Joe Luciano Just Starting with buy and Hold - LLC or S Corp Needed?
29 December 2013 | 29 replies
But, since 100% of the guru type trusts out there have the authorization for the trustee to do what a trustee must do in the trust creation document, they can be required by anyone who is in any kind of transaction with the trustee.
Floyd DaCosta Multi-Investor LLC
10 February 2014 | 6 replies
You should probably also get a good book on LLC creation, so that you can speak the language (NOLO).
Marc Littmann Ways to Apply 4HWW (Four Hour Workweek) principles to real estate
23 January 2014 | 5 replies
I was sitting here brainstorming ways to apply some of the outsourcing principles to my involvement as a new investor and thought I'd go public, since many minds are always better than one.So far I have a small list going, but would love to hear if you all have any other ways you have put either outsourcing, or any other 4HWW (muse creation, 80/20 rule, etc.) into your real estate businesses.Here's what I've come up with so far:Virtual Assistant (VA) tasks:screening MLS for potential dealsyellow letter campaignsGoogle Adwords tracking and implementationmanaging tenant screening process (background checks, tenant checks, etc.)tracking down absentee property ownersgenerating a list of every commercial building owner in your towncollection and aggregation of data in due diligence process for a commercial purchaseresearching cash buyers in targeted markets identifying common expense items in a new market (trash, electric, water, property tax rates, etc.)What else might make sense?
Jennifer Lee what is your buy hold strategy?
17 June 2013 | 22 replies
Or are you merely saying that your own net worth creation will cross an inflection point once your bills are taken care of?
Corey Dutton Whistleblowers Confirm Bank of America Still the Worst Bank
29 June 2013 | 28 replies
Corey: I suggest you read "The creature from Jekyll Island" about the creation of the Fed.
James Burrell Here we go again
2 July 2013 | 5 replies
Value creation is what translates to profit creation.
Jason Brooks How Much is Enough for a Strong Start?
9 July 2013 | 20 replies
Please take into consideration creation of an LLC ($500).2.
Blake Schneider New Investor Austin, Texas
8 July 2013 | 7 replies
I am have been really impressed with how willing everyone is to share info and help each other (Brandon-I love the video tutorial on the wix website creation).