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1 January 2025 | 12 replies
This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a Corporate Entity, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
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21 January 2025 | 74 replies
I am a private Monday lender and NMLS licensed ( not active) Mortgage banker so I know a little about this I started in private money in Oakland CA in 1987 and have done well over 3000 loans to various clients in 25 states and this is me personally not selling a system so others can do it..
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14 December 2024 | 2 replies
If your role is critical to the project's success, aim closer to 50-50.
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29 December 2024 | 23 replies
I am not very good at being active on bigger pockets, however I just downloaded there app.
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12 December 2024 | 12 replies
A land trust primarily obscures ownership, but its role in your structure needs clarification.
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4 January 2025 | 35 replies
Are you looking to actively invest or do it passively?
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23 December 2024 | 7 replies
Neighbors activity or their poor unit maintenance affecting your unit or tenants.
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28 December 2024 | 8 replies
At this point I was fearing for my property as it was actively being damaged.
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24 December 2024 | 5 replies
Hi All, As an active investor in syndications, I'm curious to hear about recent performance across the community.
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14 December 2024 | 3 replies
I started my investment journey when I took on a w-2 role working between property management, and tenant relations as a Community Coordinator for a 254-unit apartment community.