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4 December 2024 | 17 replies
I then look at area vacancies, economic conditions, employment opportunities, area demographics and verify that the property has not been red tagged or have any other underlying problems that might make it difficult to resell or rent.When I have my financial information then I can consider debt service and costs related to equity partners in the overall income produced.
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3 December 2024 | 9 replies
Have them actually run the title.
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4 December 2024 | 3 replies
I'm ordering title searches and am trying to avoid having to pay for more title searches than needed.
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10 December 2024 | 10 replies
We do not have legal title for any of properties we display in our social media channels.Luis..
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6 December 2024 | 34 replies
I think it's great for tagging properties and finding owner data on the fly, but I still prefer getting my working leads into another CRM.
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7 December 2024 | 2 replies
In Phoenix, I might call up a friend who invests in mixed-use properties south of Roosevelt Row, and that friend might know a local title rep who’s been working with out-of-state buyers who like to pull the trigger fast.
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4 December 2024 | 2 replies
Because I’m unable to obtain an insured title for two years, I did not plan to invest in this property until then for risk of losing my investment.
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26 November 2024 | 1 reply
Some title companies are not comfortable with wholesaling, particularly in states with related laws.
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4 December 2024 | 1 reply
Something problematic they find that was undisclosed on your application (not saying you'd do this, just giving an example), title issues, entity issues, issues with the appraisal even if the value is acceptable...you can either bite the bullet and pay for the appraisal, don't move forward with the loan, or try and find a HML/PML willing to lend to you without an appraisal.
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3 December 2024 | 6 replies
@Michael IzbotskyIs it a big deal to update the governing documents to add your wife to title of the LLC to match title of the real estate?