- Additional equity of 170k at risk; subjected to fees if home is sold under default/breach.Hometap provides access to as much as 20% of your home’s value in cash for a 10-year term, after which you can pay out Hometap’s investment (which includes their return) by selling the house, using your savings or refinancing.

Avon, CT is a hot market, with multiple offers being received the weekend of the open house, which is scheduled one week after listing.My offer of $725,000 was $20,000 lower than the highest bid, but was accepted without counter because it was not contingent on financing, while the highest offer at $745,000, while the buyer had pre approval financing, was subject to financing.

Given that the house is paid off but has $27K in back taxes, you could offer to cover those taxes upfront in exchange for favorable terms on the remaining balance—like low (or no) down payment, and small monthly payments.You could also negotiate for a subject-to deal where you take over the property subject to the taxes, while still securing control of the property for your BRRRR strategy.

Fair return is calculated to determine if the owneris maintaining the net operating income produced by theproperty in a base year, subject to CPI-related adjustments.https://www.readkong.com/page/guide-to-oakland-rental-housin...2021 - GUIDE TO OAKLAND RENTALHOUSING LAW

I do visit areas of Maine frequently such as Bethel and Ellsworth  

His 17 year old son also frequently helps him so I make sure to give the son a Christmas bonus as well.

Plus it’s an area we frequently visit and pay someone else to stay on their property so we would like to get some personal use out of it as well.

My understanding is that most lenders will file a mortgage lien on the subject property as soon as the loan is signed so as to preserve their rights, but what if the lender did not do so before the borrower defaulted?

Regulated by the county of Riverside not the city, thus not subject to the restrictions.

If I utilize qualified funds would this investment be subject to UBIT re UDFI?