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11 August 2018 | 3 replies
I’d like to finance the property to someone who maybe can’t qualify for a conventional loan and secure a loan for them at slightly above or at the market interest rate.Does anyone know how to go about doing this from a legal/underwriting perspective?
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16 August 2018 | 6 replies
I actually don't know if there is any reported case law on this, but it would be stupid for a court to hold that the landlord is in breach in such a situation.
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12 August 2018 | 11 replies
The tenants’ security deposits should transfer to the new owner (you in this case) because you’ll ultimately be responsible for returning them to the tenants when they move out.
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12 August 2018 | 4 replies
Should I just keep the security deposit as last months rent and let it go?
11 August 2018 | 0 replies
I've ordered new security lights and will get those up, hopefully before new people move in, and will likely install cameras as well (perhaps not if I put the fence up).
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15 August 2018 | 5 replies
They even said they would let us secure a tenet in there before we owed then the 90 grand.
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14 August 2018 | 19 replies
I love that they are all owned free and clear, that Is true financial security right now.
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28 August 2018 | 1 reply
.), you should require a nonrefundable earnest money deposit.Having the buyer furnish an nonrefundable earnest money deposit secures your position in making a profit.
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20 August 2018 | 3 replies
You should probably open 2, one for expenses and one for security deposits.
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11 September 2018 | 20 replies
Of course you can also go the personal route to secure 30 year fixed financing, then transfer into the LLC.