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3 January 2014 | 11 replies
Fair housing laws state:If you or someone associated with you:Have a physical or mental disability (including hearing, mobility and visual impairments, chronic alcoholism, chronic mental illness, AIDS, AIDS Related Complex and mental retardation) that substantially limits one or more major life activitiesHave a record of such a disability orAre regarded as having such a disabilityyour landlord may not:Refuse to let you make reasonable modifications to your dwelling or common use areas, at your expense, if necessary for the disabled person to use the housing.
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23 January 2014 | 11 replies
If I was in your shoes, I would want to be present whenever the handyman is on or in any of my properties (especially if theft or violence related), which would be a real pain.
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10 September 2017 | 28 replies
Great alternative for wealthy relatives….· Any person may pledge assets on behalf of borrower· Refinances – instead of liquidating assets to pay down the mortgage so you can refinance, pledge assets instead.· Complete flexibility to trade the assets…the borrower can continue to buy and sell stocks within the asset portfolio….· Assets may remain at borrower’s own financial institution (BofI Lending would be added as a creditor/beneficiary) or they may be deposited into BOFI Federal Bank.· Available on all scenarios; all products, occupancy types, property types, Interest Only, etc., and may be used in conjunction with Asset Depletion.· 10% down with no Mortgage Insurance and loan amounts up to $5,000,000 or more….· No charge to lock - $250 admin fee is the only cost of this program.· Compensation is paid out based on the higher loan amount Sample scenario of a loan · Transaction Type: Purchase· Purchase Price: $2,500,000· Loan Amount: $2,000,000· Property Type: SFR· Assets: $2,000,000· LTV: 50%· Effective LTV: 80% (with pledge)
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3 January 2014 | 4 replies
Some of the lessons learned are shared in this article, and I want to share those lessons related to the financing of the purchase.Financing is always the biggest piece of the puzzle in commercial real estate.
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6 January 2014 | 3 replies
Give that is a townhouse, the association will take care of all exterior related issue so it is a safe distance investment in my personal opinion.
7 July 2016 | 20 replies
From my perspective, it's not just about ensuring that you are legally allowed to invest and that you are able to proper publicly recorded title to a property, it's also about all of the other laws indirectly related to owning the property (ie. the court system, environmental laws, tenant/landlord laws, business laws, etc, etc).
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17 May 2016 | 12 replies
.- It creates a lien on investment property: asset protection.Normally LoC is good if you need money for a relatively short time, pull out and put it back.
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8 January 2014 | 32 replies
@Dawn Anastasi I can relate to the workmen leaving the window open.
4 January 2014 | 3 replies
relatively new to the investing scene and the wholesaling thing both altogether, however wholesaling might be difficult in my area because I do not live around abandoned properties, nor are there none close to me.
5 January 2014 | 9 replies
You can see the influences of big business in this country, clearly in the ACA that took on our health care system and the outright war declared by the industry in all kinds activities to sabotage the Act.