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11 September 2018 | 1 reply
I have a fourplex with the mortgage and title in my name but my brother and I are 50/50 partners on everything (cash flow, capital contributions, etc.).
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22 October 2018 | 22 replies
I would love to get into the rental game in my city, but don't have anywhere near the capital at the moment!
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12 February 2019 | 1 reply
I was wondering could someone recommend an investor friendly title company in Montgomery county/bucks county Pennsylvania?
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6 October 2018 | 4 replies
Some precautions to consider:- Make sure the person who is the borrower of the underlying bank mortgage fully understands the implications of a wrap, as well as the buyer- Consider a 5 or 10yr balloon note (vs. 30yr fixed) if you are worried that the seller may have 2nd thoughts down the road- Buyers should need to bring a significant down payment to the deal so that they have skin in the game- If your state allows a Deed of Trust for the wrap note, I suggest using that document (vs. a Mortgage) as it will put a lien on the house allow the Seller to pursue a non-judicial foreclosure if the buyer does not perform.- The home insurance after the sale (the new owner is the "insured") should retain the name of the previous owner(payor of the bank note) on the insurance as "additional insured" so as to not set off any alarms with the bank.- Use a 3rd party loan servicing company to collect all mortgage and escrow payments and make all appropriate payments to the bank lender as well as seller finance lender.
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11 September 2018 | 1 reply
Im looking for title company or real estate attorney in Portland, Oregon.
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11 September 2018 | 0 replies
Im looking for title company or real estate attorney in Portland, Oregon.
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11 September 2018 | 2 replies
Haven't figured out my game plan here yet.
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13 September 2018 | 8 replies
Most title companies can provide a purchase agreement (fill in the blank) to clients, so it may be worth reaching out to a few local title companies to see how they can help.
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11 September 2018 | 2 replies
For those of you who have been in the game awhile, what did you do to succeed THROUGH previous market recessions?
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11 September 2018 | 0 replies
They have the will stating them as the heir and have filed everything through their local county court in Massachusetts.The hang up, the title company here in Florida is saying that the property still needs to go through probate here in Florida which will take 8-12 weeks.Is this correct information that he will in essence be going through probate twice?