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21 February 2025 | 2 replies
If its just deed than an attorney can redo deed and charge a recording fee but if a payment missed and mortgage company finds out they can request a total loan repayment.
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28 January 2025 | 14 replies
We buy at a discount and pledge our legal right to collect the debt (a collateral assignment agreement) as the collateral for the private capital loan we take out, which is backed by the value of the real estate securing the 1st loan.
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19 February 2025 | 1 reply
., 6:24-cv-00336, the Financial Crimes Enforcement Network (FinCEN) has announced that beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act are back in effect, with a new deadline of March 21, 2025 for most companies."
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17 February 2025 | 17 replies
I had two different companies.. one in Oakland CA circa 88 to 92 all investors all private and all 100% of funds for loans put up from the investors.
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16 February 2025 | 44 replies
To be honest, I feel good that I was able to find these myself without shelling out $150 asked by the title company.
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8 February 2025 | 3 replies
However, upon closer inspection, several red flags became apparent:Lack of Transparency: Despite claims of being a Georgia corporation, a search in the State of Georgia Secretary of State’s Division of Corporations database revealed no record of the company.
31 January 2025 | 6 replies
And if a property is owner occupied, how can you secure a loan with a hard money lender not being able to view the home to estimate repairs?
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13 February 2025 | 8 replies
@Micah Huffman unless you are going to commit to learning some basics about being a landlord AND are willing to commit at least 2-4 hours each month managing a Property Management Company - it's probably best you sell.Otherwise, it's highly likely you could lose more due to bad tenants and management.
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18 February 2025 | 9 replies
I was going to wait to build my portfolio bigger before starting an numbered company, but I'd like to hear what the BP community has to offer in words of advice.Here are the current numbers I'm working with.
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18 February 2025 | 16 replies
Do you use a property management company?