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21 June 2024 | 11 replies
PML is for capital preservation and more predictable passive cashflow so you will want to ensure you do it properly so that your principal amount is returned to you, first and foremost.
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22 June 2024 | 129 replies
All of this was very predictable, but unfortunately only a few here were able to see this 2-4 years ago.
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21 June 2024 | 30 replies
Initially, around 2015, people predicted that Huntsville would reach that milestone around 2025 or 2030.
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19 June 2024 | 12 replies
From there while you are in escrow you'll need to have an attorney draft the promissory note and mortgage instrument.
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20 June 2024 | 245 replies
If someone looked at the most core instrumental price to keep the economy and world afloat at this rate--oil--that'd give you the longest pause.
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18 June 2024 | 0 replies
This means they are bundled together and turned into bonds, financial instruments that pay out interest (yield) to investors looking for a steady, fixed return.
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19 June 2024 | 32 replies
Both FNMA and FHLMC permit this, under the following circumstances: Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the propertya limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.Citation: D1-4.1-02: Allowable Exemptions Due to the Type of Transfer (04/13/2022)Now, you will still have the Note and reporting in your name individually and will still be personally responsible for the mortgage and most likely, the manner of transfer will enable any litigant to pierce the veil of your LLC, but you'll have what you wanted, for whatever reason.
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20 June 2024 | 27 replies
Hey Tip, Ohio is also a very landlord-friendly state.Take amount to read this blog if you can - https://www.doorloop.com/laws/ohio-landlord-tenant-rightsIf you look at this link, Zillow predicts 3 cities of Ohio as their top 10 hottest housing market in 2024 - https://www.axios.com/2024/01/10/zillow-ranking-hottest-real...Feel free to reach out if you have any questions!
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18 June 2024 | 8 replies
I predict you've seen no more rent and no payment of the tenant caused plumbing call since serving the notice.
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18 June 2024 | 4 replies
But I'd take anyone's prediction on rental rates with a grain of salt and more than a dash of "show me".