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14 January 2025 | 23 replies
The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.
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13 January 2025 | 31 replies
What you need to learn in your 20s is how professional business works, how to manage people and projects, how to run an organization and how to sell ideas and concepts.
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22 January 2025 | 22 replies
Definitely get with a qualified tax professional on this.
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10 February 2025 | 12 replies
To properly evaluate the condition and determine the cost of renovations, always have a professional inspection done before making a purchase.4.
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10 February 2025 | 5 replies
Having professionals we can call to see how backed up they might be factors in as well - if we can't get a roof done ASAP, that holds everything else up if we have a leak so again, more time, more holding costs, lower ROI.Unfortunately I do not think there is a magic metric that can tell you if the deal is a winner or not.
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10 February 2025 | 6 replies
Has she even received a supplemental tax bill yet?
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9 February 2025 | 3 replies
Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.
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24 January 2025 | 6 replies
As always, consult with your licensed tax professional for qualifying, tax implications and strategy.
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26 January 2025 | 32 replies
Quote from @Levi Flowers: Quote from @Edward Caballero: Its crazy to see all the negative reception that NWAC is receiving when I've had nothing but a positive experience?