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30 January 2025 | 5 replies
The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.
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10 February 2025 | 30 replies
As far as commercial goes, we've been seeing a lot of activity in the multi-family and self-storage space.
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21 January 2025 | 1 reply
@Suzy FarmanHere’s what’s worked for me:Leverage Airbnb/VRBO: Many insurance companies use these platforms via third-party services.
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31 January 2025 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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5 February 2025 | 16 replies
- Will they preview properties for you, taking narrated videos they send to you?
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29 January 2025 | 21 replies
However, deeds in lieu of foreclosure can be subject to judicial attack by their grantors and their grantors' creditors.Grounds for attacks on deeds in lieu of foreclosure include the following:• That the deed was an equitable mortgage - that the parties intended the deed to be given as security for a debt and that the deed was not an absolute conveyance.• That the deed is either a preferential or fraudulent transaction within the purview of the provisions of the federal Bankruptcy Act or any other related state law.• That the deed is a device to clog a mortgagor's right of redemption.• Unfairness of the consideration.• Coercion, fraud, oppression, duress, and undue influence.• That the deed is not subsequent to the execution of the mortgage but contemporaneous with it.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
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25 January 2025 | 1 reply
Have every detail spelled out, use an escrow account and daily updates verifying all parties are executing their responsibilities.
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21 January 2025 | 2 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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2 February 2025 | 13 replies
We are going to focus on small multi-family first, and then get into large multi-family.
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4 February 2025 | 7 replies
My goals are to start building an investment portfolio of professionally managed (I could tell you all the reasons I will not do it myself) multi-family properties and, in time, develop a property in the Northwoods (Wisconsin/UP).