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6 August 2021 | 17 replies
DOL - Too many links to list, but start here: Field Assistance Bulletins, Private Letter Rulings, Interpretive Bulletins, Advisory Opinions and Retirement PublicationsDOL has even issued some Exemptions relating to "Prohibited Transactions", see PTE 80-26 for exemption on Interest Free Loans to Plans experiencing short-term liquidity problems.
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13 July 2021 | 4 replies
Current lease term (expiration date, month-to-month)7.
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13 July 2021 | 1 reply
Hello Everyone,Ran into a new situation, the place I am under contract for does not have current leases with the tenants.They say they did not respond to the previous notices and thus the lease that expired in 2019 rolled into a month to month.They are however paying the old amount not the current month to month amount ($100 gap)The current manager has only been managing it for two weeks.The analysis has some wiggle room but how to I appropriately Guage the risk here?
14 July 2021 | 2 replies
If the notice expires and she is still there then you can take the next steps and that would be eviction.
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14 July 2021 | 10 replies
She could be looking up expired listings that fit as well.
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15 July 2021 | 8 replies
But yeah I’d steer clear of going direct to seller unless the listing expires or something.
13 July 2021 | 0 replies
That will tap out my liquid assets but I see a lot of potential for buy/rent/hold in this neighborhood.Hard money lenders seem like a sucker's game but I don't have experience in that world and would appreciate input.
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14 July 2021 | 2 replies
Hello,My sister in law is currently under contract for a house in Aurora Colorado on Hanover St near E Colfax.
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16 July 2021 | 12 replies
I would never BRRRR with OPM without having some liquidity available for surprises.
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14 July 2021 | 5 replies
If you run into a slow or lazy closer, you could be impacted on timing of closing which could risk a rate lock expiration.