
15 May 2023 | 0 replies
Goals: Retain ownership of property as primary SFRPulling cash out/recouping cash as quickly as possibleMaximizing cash out/recouped cash amountSecuring the lowest interest rate and fees for a 30-year fixed rate (SFR, primary residence)Eliminating/limiting the amount of taxes (if any) from transfer of the propertyContemplated Scenarios:Purchase SFR from LLC at auction purchase price with a first mortgage (can this be done as a “purchase” or will this be considered a refinancing with LLC as single member?)

13 May 2023 | 3 replies
It hold all winter (as far as i can tell because it can leak under the carpet and be unnoticeable) This morning i got a call that it happened again, water leaked half way through floor (carpet is wet up to 6 feet away from the wall/leaking source)What can i do to force the HOA to fix this issue for good, I assume it there need to be redesign of the guttering system, reinforce retaining walls and seal building foundations.

19 May 2023 | 13 replies
If someone was to go that route, I'd say follow that plan, build it as the place to be, and a place to retain.

25 September 2019 | 102 replies
It could very well be that you have technically breached the contract by not closing but the wholesaler would still have the burden to show damages above and beyond earnest money, which typically requires a showing of reasonable mitigation efforts.Exactly.. no one litigates these things for simple SFR flips or rentals.. they just move on.. they may huff and puff but no way they spend money litigating when their attorney wants a 5k retainer it stops right there. !!!
5 November 2018 | 3 replies
Hi @Bill MountneyHow are you.Depending if you need an zoning attorney you could retain a licensed expeditor to conduct the due diligence and hopefully fix your circumstance.

16 June 2013 | 21 replies
I just spoke with TD Bank today, which by the way is where our construction company and my brothers landscaping company have been banking for years, about a commercial property here WNC.We wanted to purchase warehouse at $125K, do $300K in upfit, sell four condos to pay off note and retain first floor commercial space for lease.Loan officer said underwriting most likely would not even look at the deal unless we had 25% skin in the game, 5.25%-5.75%int for seven years on a 15yr max amortization.

23 January 2018 | 14 replies
Your contract might say $1,000 deposit is due within three days of contract execution (effective date), you get a 10-day inspection period, and then the other $9k is due within 15 days of the effective date.Insect anything and everything you want during your inspection period, and you have the right to cancel and retain your deposit if you find anything you don't like.

3 August 2022 | 8 replies
Are there any suggested tips or recommendations for compartmentalizing the information to better retain everything?

10 October 2019 | 36 replies
If you are represented by an agent have your Agent make the request.If you are not represented by an Agent, write them a letter or drop by their house in the evening or weekend.If they do not live in the house check the tax record for Mailing AddressRemember Real estate Agents are constrained in HOW they have to interact with Seller, You are not even if you have retained the services of an Agent.

12 December 2018 | 1 reply
Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”Finally, ask your Title Company for advice regarding which instrument to use for the transfer; Quitclaim or Warranty Deed.