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16 November 2024 | 2 replies
I'm not currently encouraging investors to do unincorporated JeffCo for that reason - they've become more strict/unfriendly over time.
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13 November 2024 | 15 replies
It typically takes away your exit strategy of a deed in lieu of foreclosure2.
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13 November 2024 | 3 replies
@Jerome NunezYou will not be able to remove your name from the mortgage as if your name is on it the lender underwrote it based on you and will not let someone else assume it.
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13 November 2024 | 7 replies
But that is not an issue when you do the exchange immediately after the 1031 is complete.
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17 November 2024 | 1 reply
Congrats - would you ever buy in this market for pure investment purposes or do you think its mostly just a good market for a owner-use vacation home?
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13 November 2024 | 4 replies
Or, do he need to send some type of escrow instructions that outline 1st position, will fund after all docs signed, etc?
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13 November 2024 | 11 replies
I suggest looking into real estate meetups near you / your markets of interest to start building your team.
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13 November 2024 | 13 replies
Even though it is a 4-plex, it still falls in the same bucket with similar loan structures as if you bought a single-family rental.