Cristal Ochoa
PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
Is there typically an ROI?
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
19 January 2025 | 14 replies
Just saying there are people on BP who can vouge for you as Melanie is typically very negative towards anyone in the syndication / raising money space.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
You have 3 months (potentially) to get it all sorted which should be pretty easy.If someone is selling a STR, that doesn't mean there are issues.
Francisco Solano
Business Partnership Detailed Agreement
30 December 2024 | 3 replies
From what I've seen, typically two people doing a flip like this have different skillset so one person is doing different things than the other.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.
Juliet Silver
Best Lenders for Canadians to Purchase in Florida
27 December 2024 | 15 replies
Most lenders typically require a 30% downpayment.
Tuan Tran
Section 8 Fort Wayne, IN
15 January 2025 | 7 replies
HUD targets average rents for an area, so just like average school grades, this typically translates to Class C property rents.In our Metro Detroit market, the MAJORITY of the claims about getting higher than market rents can be traced to a Class D Neighborhood/Property.
Alexandra Winkler
Bank Account Operations
30 December 2024 | 1 reply
Do you typically have a separate bank account for each property or do you have one main operating bank account?
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Those typically seeking $30-$50k are for down payments or second position liens. 2.