
3 August 2012 | 0 replies
-What are the requirements a lender would look for to do conventional financing on non-OOC residential rental properties (most looking at 2-4 multi-units)?

4 August 2012 | 3 replies
(assume that I'd be able to get qualified for the loan and that it would be "reasonable" to be able to pay back the 40K in the time specified)after re-reading, i assume the investor would need to be a lienholder from the beginner under any circumstance...but is that even possible, or would I have to buy the house "with" the investor, which i'd rather not do...also, do not dwell upon the legal details of the arrangement, i have people that I could do this with on a verbal contract not to mention a seperate written contract that protected their investment+interest in the event I sold the property for a gain...I'm much more concerned about the actual numbers/percentages and how realistic this proposition is from an investment standpoint, not a legal one..
27 August 2012 | 13 replies
My vacancies have been non existent.

6 August 2012 | 1 reply
Also, if you plan to finance non-owner occupied residential properties or lease/options, you need to be compliant with the SAFE Act and state law.

14 September 2012 | 7 replies
BTW - the EMD check is usually made out to the listing broker when a non-agent makes offer with the listing agent; not sure how your EMD will be made out when it comes time for that.

14 September 2012 | 1 reply
These new regulations have already made it nearly impossible for a consumer, who is about to lose his or her home, to save the home by obtaining a non-bank, private or hard money loan.

17 September 2012 | 5 replies
Some projects are not for reasons such as too many non owner occupied units, bankrupt HOA, etc.

28 September 2012 | 8 replies
They have at this point already, paid the deposit, typically non-refundable and they do end up having to close using either their money or someones money but they're not 'wholesaling' in the sense that they're assigning the contract.

15 October 2012 | 12 replies
Request to have the "endeavor to but failure to" wording stricken from the certificate and that you want a 30 notice of cancellation/10 day for non payment.

18 September 2012 | 12 replies
Is anyone here a non-smoking landlord and have a high end home or unit that permits smoking?