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.
Tannia Castro
New to Rental Property Investing
16 January 2025 | 9 replies
The PMC I left to start my own PMC had at least 2 "preferred contractors" related to key players in the office so high rates and poor service fell on deaf ears.
Andres Ortiz
Referral for "boots on the ground"?
14 January 2025 | 17 replies
It's a new resource from BiggerPockets that helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:-Expert Matching: Match with professionals who meet your criteria-Extra Assurance: See licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members-Bonus Content: Plus they'll send you an interactive workbook: “How to Interview Property Management Companies”Hope this helps!
Adam DeShone
Northern Indiana Investor/Property Manager
3 January 2025 | 3 replies
Research led me to a couple of videos of former ND players coming back to build development into the area.
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
Some people seem to get locked in to one place they find, or a place a friend or family member is selling without really evaluating the available market.In a small town in East Texas I would think your biggest risk is a big player coming to town that can absolutely crush a smaller player.
Sarp Ka
Cheapest way to make a cash offer???
22 January 2025 | 14 replies
Lenders desperately need/want business especially in this interest rate environment (right now, the main source of mortgage loan business in Florida is rehab financing as a result of the hurricane damages) and one way the big players differentiate themselves is by streamlining the process.
Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
@Karen SmithAs jay mentioned private lending has been around forever and it’s really not on the rise - I think it’s always been a large player in the real estate investment space for short term loans.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Most US mortgages are based on 30 years and without assurance on insurance, why would banks continue to make mortgages in higher risk areas if the potential is complete loss?
Dallas Hoover
first car wash purchase
1 January 2025 | 4 replies
You should engage with the local players in the commercial market i.e.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
Submitting real offers that you feel confident actually closing on and having a strong sponsor to work with that has a track record will go much further towards you winning deals.In short, you can pursue larger deals right out of the gate if you want to, but generally expect that it'll take you longer to win one and make sure you have the right players on your team so that you're prepared to win them and to close them once you do.