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6 October 2015 | 2 replies
I have purchased many auction homes before and this is a first for me, usually just the normal transfer fees.
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22 April 2017 | 27 replies
@Dean HulsingThe rent patterns and characteristics for a residential property (1-4 unit) do not readily, or always, transfer to a multi-unit building, even a small (<30 units) one.When I posted above about questioning whether investing 50K into a 16-unit building in that area is warranted, I'm not certain my message was clearly communicated (based upon your response).You think the improvements would bring gross rents to 110K fulfilling the 2% rule.
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12 October 2015 | 98 replies
Well if the TK provider is not around anymore then you just transfer your home to a new property management company.
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8 October 2015 | 6 replies
Here are exemptions to Due on Sale(d) Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property; (2) the creation of a purchase money security interest for household appliances; (3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) the granting of a leasehold interest of three years or less not containing an option to purchase; (5) a transfer to a relative resulting from the death of a borrower; (6) a transfer where the spouse or children of the borrower become an owner of the property; (7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property; (8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or (9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.
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8 October 2015 | 3 replies
I want to make an offer on a REO using a LLC (or whit a S Corp ) as a purchaser, once they accept the offer I will sign on behave of the LLC in order to get the contract, now that I secure the deal I will talk to my possible partners (I have already 6) investors to join me and I will let them close using the same LLC but at this point I will transfer it to them for a finder´s fee plus we will draw a JV agreement in which will state that we will split the profit at 50% on this way they will have the security on been on title and I will get the security of gaining my profit.Can this be done on this way ?
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8 October 2015 | 5 replies
Does anyone know if you have to add a separate addendum to a wholesaling contract (Buyer/seller contract) to have it be transferable??
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9 October 2015 | 6 replies
Duplicates of all data should be made and kept off premises for easy replication in the event of a loss.
21 June 2021 | 9 replies
Definitely check out the podcasts (warning, you might get addicted and use up all of your data plan!).
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10 October 2015 | 1 reply
One just simply paying off the 0% CC monthly minimum and balance transferring to the next 0% card over and over.
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11 October 2015 | 5 replies
I don't know inheritance law in CO but the property may have transferred from deceased wife to husband by operation of law despite the tenancy in common.