
16 September 2020 | 7 replies
@Brad E. if you don't know already it probably isn't a great investment, it likely means that many of the people you'd want to wholesale to wouldn't understand either, you could try the city/ county planning department but if you're willing to pay for the high prices you quoted it is very speculative

17 September 2020 | 13 replies
For example a home in the country or just outside of the City limits where the fire department is not full time would have higher rates.

17 September 2020 | 4 replies
You can start calling your local banks and credit unions and asking to speak to the commercial department.

17 September 2020 | 8 replies
The housing department sets the section 8 rents in every neighborhood in the city, and for whatever reason the rent in say Kingman Park on a 5 BR is $5500 versus $4000 or so as market rate.

17 September 2020 | 16 replies
touchpoint=guideHere is the language:Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:A transfer of the property (or, if the borrower is an inter vivos revocable trust, a transfer of a beneficial interest in the trust) toa limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.For a mortgage loan acquired by Fannie Mae after June 1, 2007, if a servicer reasonably believes that a due-on-transfer provision is unenforceable by law or would not be enforced by a court, the servicer is authorized to approve a transfer of an interest in the mortgaged property or a direct or indirect interest in the borrower (if an entity), provided the servicer has notified Fannie Mae’s Legal department (see F-4-03, List of Contacts) of the reason for its belief and Fannie Mae has either sent a notice of non-objection to the proposed transfer or not responded within 60 days of its receipt of the notice.The servicer must notify the applicable property insurance companies, tax authorities, the mortgage insurer, and any other interested parties when it processes a transfer of ownership.

6 October 2020 | 5 replies
You can reach out yourself to the real estate departments of companies you would like to lease to, or you can hire a leasing broker/property management company to do it for you.

22 September 2020 | 6 replies
He also has a lot of experience and knowledge of the ins and out of the building departments and would likely have some good input on things to watch out for regarding buildings in the "C or D+" areas...

12 November 2020 | 14 replies
I've reached out to the College Station Fire Department and they were kind enough to host us in one of their community rooms.

17 September 2020 | 2 replies
I did get this piece of information from the lender though, and am wondering if anyone knows what it means:"The subject is in the process of being conveyed to the insurer of the mortgage loan which is Department of Housing Urban Development (HUD)."

8 August 2012 | 3 replies
You might have to check with local building department to see if the dwelling is still suitable for occupancy.