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24 May 2016 | 17 replies
Just because it was the 1st mortgage doesn't mean that ALL other liens are wiped, certain liens cannot be foreclosed out including COA liens and municipal liens (special assessment, lot clearing, securing, utilities, etc)718.116 Assessments; liability; lien and priority; interest; collection.— (1)(a) A unit owner, regardless of how his or her title has been acquired, including by purchase at a foreclosure sale or by deed in lieu of foreclosure, is liable for all assessments which come due while he or she is the unit owner.
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19 May 2016 | 21 replies
I was in the impression that buyer B would need to provide funding close with A and then end buyer C would bring his own money to close the deal with B.
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22 May 2016 | 9 replies
Some states won't allow last month rent to be collected, like mine.
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23 May 2016 | 30 replies
Collecting paystubs and W2s seem pretty reasonable but then there are other requests that leave you scratching your head.My recent favorite is "we need a witten explanation how you have bought so many houses with it signed and dated at the botrom"Share your most rediculous underwriter requests.
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18 May 2016 | 5 replies
They are equally and collectively responsible for both.I don't deal with, "I paid my half of the rent" situations.
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20 May 2016 | 8 replies
It does allow a larger renter pool and more money to the bottom line, but it is hit and miss on if the pets do more damage than additional income collected.
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2 July 2016 | 12 replies
This would require the plan to allow for in-service distributions, something they could check on with the plan administrator if there were interested.Yes, the participant loan feature is the remaining option for them to borrow the funds from their plan and then they could convey these funds to you personally (via a loan or whatever arrangement you collectively decide on).
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2 June 2016 | 13 replies
@Randy Shoemaker here is the link http://www.mobilehomeuniversity.com/mobile-home-park-investing-books-and-courses/mobile-home-park-investment-home-study-course.phpdisclosure: I am not affiliated with the MHU and I do not collect any commission if you buy it
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23 May 2016 | 5 replies
Since Wednesday (two days ago) the use of the rental calculator has actually already helped me review four potential deals that I was able to then, print and hand off to my lender yesterday (Thursday) during a meeting, and he was super impressed with my presentation.