4 October 2015 | 13 replies
When this happens, insurance costs increase and it is often difficult for a condo association to secure reasonable insurance rates.
6 October 2015 | 7 replies
My family to your, man I appreciate every sacrifice you have made for the freedom we get to enjoy to do real estate and more.There is another to generate cash flow with all of the stresses of flipping houses and landlording, all are great methods, I have found to investing in cash flow note secured by real estate to be profitable and less complicated.
5 October 2015 | 2 replies
Some traditional sources of funding include; business loans, loans from friends, mortgages or secured transactions on assets you already own, saving up money from your own income, starting a non-profit and getting grants from the government, etc.
5 October 2015 | 12 replies
I now have the financial security/confidence to take action and I am looking to start investing in income properties, preferably multi-family homes.
5 October 2015 | 4 replies
I would like to use investing as a way to give back to community as well as secure a financial future for my nephew and nieces.
5 October 2015 | 5 replies
Also, I may consider some type of video security system.
8 October 2015 | 17 replies
Get a secured credit card.
6 October 2015 | 7 replies
However, after talking to a few of the brokers we have connections with, we have gotten responses all over the board as to what is possible and what is not in terms of securing financing.
7 October 2015 | 0 replies
Thus, is there a way to secure a non-recourse loan for this kind of business/property acquisition?
8 October 2015 | 6 replies
Here are exemptions to Due on Sale(d) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.