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14 October 2024 | 420 replies
I learned to try and hide the Subject To in a trust, to try and buy Subject To Insurance in case the loan gets called, to not get title insurance because it's just another expense, and it might reveal something I don't want you to know,and that the economy never takes a bad turn,and that I don't need reserves,and I'm not told what happens if I miss a payment or what to do about it,or that I could get sued and investigated,and I have no idea what to do if the loan gets called with the Due on Sale Clause, I also learned, that I can make tons of money having other people spend a lot of money to join a "community" where they get to watch videos of me and discuss Subject To with other students who are equally ill-informed, but they never get personalized training and never buy a property.I'm all set to be in the SubTo community and be happy with equally happy people.It's all there, on youtube, video in color, with great enthusiasm.So, in direct contrast to that, we teach all of that (well not overleveraging, or not using title or the other bad practices) "one on one", real time, personal, live, no videos, and you actually buy properties.
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6 October 2024 | 1 reply
Hi all –Disclaimers:I don’t have any experience with industrial real estate - or CRE generally speaking for that matter.I will be keep this post intentionally vague for the sake of privacy.
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5 October 2024 | 2 replies
Hey Marcus, This is a bit complicated for a bigger pockets forum, but ill give it a go.
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6 October 2024 | 9 replies
If this tenant is being honest about their intent to move out of state that makes it MUCH more unlikely that you would ever collect on a judgement against them.
7 October 2024 | 10 replies
The intent of FHA was to promote primary residence home ownership not investing portfolio building so they put this rule into place.100 Mile rule basically says that you cannot use rental income offset from a lease agreement on your current house to help you qualify for the next property when using FHA loan to qualify.How do you get around this?
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4 October 2024 | 9 replies
You are already off track, but with good intentions.
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3 October 2024 | 23 replies
You have no intention on buying the property.
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4 October 2024 | 0 replies
God bless all those who are helping and all those still in peril, you are mountain strong and you WILL MAKE IT.This post is my intent to document and get others opinions on what rental/vacation property owners can do.
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4 October 2024 | 3 replies
Tenant's can damage property, but unless its intentional and you can prove it, its not really something to evict for as long as they pay for it.