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Results (10,000+)
Carly Grunwald Multiple Properties on One Deed
22 April 2020 | 2 replies
Contact your existing lender to see what are their "rules of the road", when you transfer ownership from individual ownership, into a Trust.Lenders that allow "financing or refinancing" for properties under a Trust, may want to see "specific language" in the Trust Agreement, that allows the Trust to mortgage (barrow against) properties held in the Trust.Also note: Some lenders may require that the Trustee, is also the "sole beneficial owner" of the said underlying property(ies) held in Trust.Other than "refinancing" properties held in a Trust, ...using one deed to transfer multiple properties should be OK!
Derek Cotton Draw backs to section 4?
23 April 2020 | 2 replies
Fairly new member (officially a couple weeks now) I can’t find it now but I know for certain it said section 4 (hadn’t just dreamed it up)I’ve been investigating this property for a small while description of the property:Commercial-officeZoned R2 multi family Almost $300kSays “structurally sound but need tlc”Been on the market for a few years19593000 square foot 2 tenants at “market rent” on the top floor And a good reviews flower shop on the ground floor I don’t know the sq ft of the parking lotMaybe 5-12 lined spaces or soHigh volume traffic area most days pre covid-19Walking/biking distance to food, gold gym, gas stations, couple banks, grocery store etc. pretty close to main part of town which has a lot more local amenities.Looks to be an REOMy grandfather said that he had a conversation with the lady that runs the shop a few years ago and that she said wanted to buy the building but she didn’t have near enough money to do so.I called about 13 days ago to see If I could pick up a part time day job (second job) left my Information I have a follow up call in almost a week see I can work some birthday magic.I want to meet the place specifically her to see what she says about the place potentially see is she’ll be willing to partner I’m sure there has to be value adds, updating electrical, something has be possible to make the numbers work Last but not least, what is section 4 housing?
Brent T Galbreath Anyone know about this?
24 April 2020 | 4 replies
Put language in the contract that states how that process goes. 
David Y M. Is TSAHC DPA and MCC worth it for investing?
26 April 2020 | 2 replies
I will call up my lender tomorrow for clarification and see what rates I can get officially quoted for.
Amy Martin Helping our daughter get a start in real estate investing
28 April 2020 | 5 replies
She has been managing our properties for years so we're not against officially hiring her for helping us.
Amber Carter Implementing New Applicant Screening Requirements During COVID-19
27 April 2020 | 14 replies
While that is in legal language, I am simplifying it here.
Poe George 6 unit VA loan with 2 member partnership
27 April 2020 | 8 replies
Have you seen the same information on the official site?
Matt Thomas Massachusetts Hire a GC or Not
30 April 2020 | 4 replies
It also helped me to build a great relationship with the inspectors and city officials.
Marco Cruzatt COVID 19-Buying a duplex in Southern California
6 July 2020 | 11 replies
We have been approved thus far and are officially in motion. 
Matthew Paul Commercial management companies taking a hit .
29 April 2020 | 2 replies
I guess in the future landlords will be more sensitive to that language and strip it out completely or heavily water it down.Some attorneys I have talked to said the tenants would likely lose in court pushing that angle but the landlords do not want to spend the time and money to push the issue.I like STNL right now up to 3 to 4 top MTNL properties.