
7 January 2024 | 3 replies
They have been extremely slow to work with and all their subsequent escrow analyses have been wrong - getting any response from them takes 30 calendar days.
28 August 2019 | 316 replies
I'll buy CA property again when markets are in a different place, and make near no cash flow for an astronomical initial investment but sell them to a less astute investor during the subsequent peak market & make that type of profit then.This thing with actual operating expenses + a 25% vacancy and maintenance reserve is still a 30% cash on cash return for an investor purchasing it with 20% down on a 120k sale price.

27 January 2024 | 14 replies
@Mack Owens check this out “SERVICING: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (11/08/2017)This topic contains information on allowable exemptions due to the type of transfer.Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:~ the 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).Note: 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.”

29 November 2016 | 16 replies
You'll feel a lot better on your second and subsequent deals when you realize you don't have to know what is going to go wrong, just that you have saved up the reserves to pay someone to fix it.

8 February 2024 | 13 replies
What have me confused is do you have to have 3 consecutive subsequent year of paying of the tax liens or 3 years after you purchase a lien you can foreclosure and if there a lien holder a head you and if he don’t file foreclosure after his 3 years is up and you file foreclosure before he do, the quiet title deed will go to you?

26 September 2019 | 15 replies
The steps to create a tenants/start their lease, and then subsequently end their lease and move them out are too rigid and time consuming to make it helpful for short term guests.

7 February 2024 | 5 replies
People generally love to talk about themselves and subsequently what they've done to their homes.Hardwood will always be popular, refinished is good.

26 December 2023 | 0 replies
NEVER use a general contractor (subsequent f/f and f/h we did ourselves turned out much better). pandemic was a challenge to get materials above all - managing GCs who were unresponsive and disappeared Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

26 December 2023 | 10 replies
If you do an installment sale you will pay in the first year and subsequent years the pro rata depreciation recaptured through installment sale income reported on Form 6252.

10 February 2014 | 16 replies
It is not uncommon for foundation repairs to require subsequent adjustments over the following 5 to 10 years post-repair.That said, as long as it holds for a few months to a year, you can do your rehab and a potential buyer who doesn't know any better could possibly feel comfortable with a "lifetime warranty" foundation repair from a reputable company.