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19 January 2017 | 47 replies
I'm fortunate I don't need the cashflow so the whole $400+ not going to debt service, taxes and property management stays in the account and grows over time.
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13 April 2017 | 13 replies
Unless they're on a foundation, container buildings will be considered by banks as "personal property," and banks won't finance the main house if there's a "trailer" on the property when the next buyer takes possession.
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17 June 2016 | 17 replies
Wanted to get some advice from others on how best to harvest equity of single family homes that are currently free and clear of all debt.
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11 April 2017 | 4 replies
If you are getting a loan from a friend or family member, it is a good idea to use an IOU note in case you need evidence of the debt in a court of law.
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30 August 2019 | 6 replies
There is a property I am interested in, and it will be auctioned at the courthouse next tuesday, so I order a title search.It shows only 1 lien for $amount (I don’t know the current balance of the debt), originally taken out by Barack Obama and later the loan was assumed by Donald Trump when he bought the house from Obama.
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13 December 2015 | 16 replies
I'm pretty sure Cash on Cash implies using debt.
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20 November 2015 | 0 replies
I also owe about 20k in non-mortgage related debt.
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22 November 2015 | 13 replies
Likewise, brokers 'transfer' possession only after documents are recorded.
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22 November 2015 | 5 replies
, or should I take an equity loan and go further into debt?
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6 January 2016 | 2 replies
That debt will be settled out of my own pocket after closing.The moral of the story is to find a competent attorney that understands what you are trying to be do, so that all of the proper documentation can be created and filed.