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4 April 2013 | 17 replies
But I have used a CFO (Contract for Option to Purchase) for many years.I wrote about the CFO here http://www.biggerpockets.com/blogs/3/blog_posts/25788-cfo-and-a-leaseRE: The CFO - The key to this is you use - a lease and - a contract for option to purchaseIt is a landlord tenant relationship with the leaseYou have to finish the lease as a condition for the CFO.The Option is drawn ahead of time and held in escrow for the buyer, and the buyer has a short time to get the mortgage.The Option is not in the possession of the end buyer until the lease is finished (addresses the equitable interest issue).Conclusion:If you are Licensed in California:Do not close LO assignments on the kitchen table with no witnesses or notary.Realize that the courts will always side with the inexperienced Seller or TBer and not you the REIDo close these in the Attorney's office in California with all the disclosures and releases of liability.There are alot of lawsuits in California.
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25 July 2023 | 7 replies
I've been an expert witness in foreclosure cases and managed hundreds of foreclosures in my career.
21 October 2016 | 9 replies
To be clear Brian doesn't need me to speak for him but I think his words where to caution you not an accusation.
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27 February 2021 | 18 replies
Economies of scale are huge wit larger properties, you can afford to hire a team to help with running the asset.
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26 January 2016 | 39 replies
Please support your accusation that, "you're just hijacking this thread like you seem to do with every other thread."
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17 November 2011 | 5 replies
According to a June 15, 2011 Associated Press article, Lapre was indicted by a federal grand jury in Phoenix, Arizona, on June 8, 2011, on accusations of running a nationwide scheme to sell worthless Internet businesses.
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9 July 2010 | 14 replies
I have never witnessed such pompous attitudes in my lifetime....
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14 March 2013 | 1 reply
To correct the problem, I was told by a probate attorney's assistant (because of my prior experience as a legal secretary) that I should prepare a small estate affidavit, having the document signed, notarized by all siblings and two witnesses.
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26 April 2013 | 1 reply
I'm not an expert but do have some good experience in residential real estate and have never been accused of lacking creativity when it comes to acquiring houses.
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21 January 2016 | 8 replies
Both parties and the witness/notary?