
12 January 2025 | 8 replies
I would encourage the use of a warranty deed to the situation that @Steve Vaughan mentioned above.

12 January 2025 | 7 replies
LLCs are a legal tool, not a tax one.Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

20 January 2025 | 57 replies
Freddie allows for 12 months payments, Executed HUD, Wrap documents (note and dot), Executed Warranty Deed to offset the mortgage.

13 January 2025 | 8 replies
They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).

16 January 2025 | 10 replies
Most new construction deals require you to give up to a 10-year warranty on some items while most fix and flips come with very little extended liability after the sale excluding gross negligence which is not stopped by an LLC in any case.

8 February 2025 | 49 replies
Benefit of new construction is that there is usually a 1-year warranty from the builder and you will have very low maintenance costs for the first 10 years on the property.

20 January 2025 | 32 replies
I also have a friend that bought brand new construction, but had to shell out tens of thousands in repairs because the home wasn't built properly, the inspection didn't catch the issues, the builder didn't have a warranty on the property, and insurance didn't cover all the problems.

7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?

30 December 2024 | 3 replies
For residential multifamily properties (1 - 4 units), can you use a home warranty to take care of the repair costs associated with rentals?

7 January 2025 | 3 replies
If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.