17 July 2019 | 5 replies
My end goal is to work at a consulting firm, while being a landlord on the side.
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22 July 2019 | 4 replies
When the default title company heard I was using another attorney, they came back & said they’d match the price of the other firm if I went with them. $300 is nothing to scoff at when you’re starting out.
22 July 2019 | 5 replies
I was toying with the idea of securing a part time with either a boutique firm or larger corporation locally to have a way to apply what i'm learning to what i'm doing.
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9 September 2021 | 3 replies
However, the whole concept of using this strategy to scale up your IRA savings is very effective.If your IRA will be owning real property, performing rehab and using debt-financing, you definitely do not want to run that through a custodian managed IRA such as with the firm you mention.
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27 July 2019 | 68 replies
So while it does say this:“(b)Appraisal independence For purposes of subsection (a), acts or practices that violate appraisal independence shall include—(1) any appraisal of a property offered as securityfor repayment of the consumer credit transactionthat is conducted in connection with such transaction in which a person with an interest in the underlying transaction compensates, coerces, extorts, colludes, instructs, induces, bribes, or intimidates a person,appraisal management company, firm, or other entity conducting or involved in an appraisal, or attempts, to compensate, coerce, extort, collude, instruct, induce, bribe, or intimidate such a person, for the purpose of causing the appraised value assigned, under the appraisal, to the property to be based on any factor other than the independent judgment of the appraiser;(2)mischaracterizing, or suborning any mischaracterization of, the appraised value of the property securing the extension of the credit;(3)seeking to influence an appraiser or otherwise to encourage a targeted value in order to facilitate the making or pricing of the transaction; and(4)withholding or threatening to withhold timely payment for an appraisal report or for appraisal services rendered when the appraisal report or services are provided for in accordance with the contract between the parties.”It immediately follows up with this:“(c)ExceptionsThe requirements of subsection (b) shall not be construed as prohibiting a mortgage lender, mortgage broker, mortgage banker, real estate broker, appraisal management company, employee of an appraisal management company, consumer, or any other person with an interest in a real estate transaction from asking an appraiser to undertake 1 or more of the following:(1)Consider additional, appropriate property information, including the consideration of additional comparable properties to make or support an appraisal.(2)Provide further detail, substantiation, or explanation for the appraiser’s value conclusion.(3)Correct errors in the appraisal report.”Based on this discovery, I respectfully disagree with your interpretation of Dodd Frank as it pertains to my previous comment regarding appraisal reconsiderations.
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15 August 2019 | 8 replies
Good luck to you and be firm.
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17 July 2019 | 1 reply
Does anyone know of any turnkey firms that offer these?
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30 July 2019 | 4 replies
What firm are you working with as a financial advisor?
19 July 2019 | 4 replies
The nationwide firms will start off new agents usually at 50/50 or 60/40, then they'll also hit you with fees so it's more like a 40/60 or 50/50 when it all works out.
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20 July 2019 | 6 replies
Hey BP, I'm searching around for a cost seg firm for multi-family around the Bay Area.