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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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11 February 2025 | 8 replies
I truly enjoy the process of analyzing opportunities and witnessing the growth of both large and mid-sized companies.
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26 January 2025 | 24 replies
Find out if you can not renew their lease and what the process is.
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11 February 2025 | 4 replies
Due Diligence is Critical—Don’t Waive Inspections•Since this is your first investment, make sure you follow a solid due diligence process before purchasing.
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27 January 2025 | 10 replies
I know PA has a process to go through before you start a foreclosure, but have never seen a requirement to offer a mod.Sure, https://legal-info.lawyers.com/bankruptcy/foreclosures/delay...Under the Dodd-Frank Act, the bank must first wait until the payment is more than 120 days overdue."
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16 January 2025 | 31 replies
I'm using the heck out of virtual accounts and virtual cards, which is helping keep my finances much more organized for each individual property.
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23 January 2025 | 4 replies
Give it a read, and you'll have a fair understanding of the process.
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2 February 2025 | 4 replies
We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....
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28 January 2025 | 5 replies
The process to build everything out for clients takes longer then anticipated, but once done they're great sites with software to help manage marketing.
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24 January 2025 | 0 replies
Repeat: Scale Your PortfolioThe final step of the BRRRR strategy is to repeat the process.