Jackson Halverson
Cash Out Refinance - BRRRR
3 August 2023 | 12 replies
An entire segment of the industry has grown up as a foil to conventional guidelines, so to say there is very little information on this is just amazing to me.
Brandon K.
Seller (illegally?) requiring title company
2 October 2016 | 11 replies
RESPA Rules on AgentsSection 9 of the Real Estate Settlement Procedures Act prohibits sellers from conditioning the home sale on the use of a specific title insurance company, and in fact violators can be subject to penalties, with the most typical being a fine of up to three times the amount of the title insurance fee.Section 1024.2 of RESPA says a “required use” exists when a person must use a particular provider of settlement services to have access to a distinct service or property, if the person will pay for (or pay a charge attributable in whole or in part to) the settlement service.It’s not considered a “required use” if the seller offers to pay the buyer’s title charges.
Jacob Kline
Property under contract and tenant won’t allow showing
11 January 2020 | 134 replies
There is a distinction between wholesaling and assigning a sales contract.
Monte Blunk
Asset protection question
4 December 2019 | 18 replies
Protected Series 2 and on will hold separate pieces of property or operate different segments of the business.
Jim K.
Anyone successfully doing long-distance BRRRRing in Pittsburgh?
9 August 2023 | 22 replies
It's bad enough that the city proper has 90 distinct neighborhoods, the rest of the county has 100 small municipalities, each with their own procedures and personnel in place.Also great to hear that you found good contractors to work with.
Clark Meyer
Hello!
10 December 2016 | 7 replies
@Clark MeyerWelcome to BP.East Cleveland is generally considered a nightmare and it's actually a distinct municipality from City of Cleveland.
Account Closed
Is Wholesaling in Indiana Illegal Without a License?
19 March 2013 | 19 replies
No matter how much you sugar coat your reasoning for selling in high volume without a license; before a Wisconsin court of law, or any other states adopting similar statues, codes, articles, chapters, etc. its distinctly evident that you, or your LLC if you operate through one, display a pattern of sales that coincides with what the law expresses as being illegal without a license.
John Thedford
Can You Lend OPM In Florida Without a License?
26 January 2018 | 8 replies
There is a major distinction between business loans and Consumer loans.
Matt Hanson
Partnerships and credit
20 March 2014 | 1 reply
If you guarantee a company debt you can ask that they report it, they will anyway, but the distinction is who makes the payment as to payment history.
Coty B Lunn
Buy and Hold Market vs Cash Flow Market
22 November 2023 | 0 replies
Instead of the appreciation, you can make a return on your investment each year instead of waiting many years to sell for a large sum.In summary, the primary distinction lies in the investment goals and time horizons.