Andrew Lax
Seller Financing Dodd
17 March 2024 | 6 replies
Dodd Frank will apply...see below.Not More Than 3 Properties Exemption Any person or entity cannot provide seller financing to an owner occupant more than 3 times in a 12 month period without using a MLO (mortgage loan originator).
Hoa Nguyen
Surplas of rehab funds from hard money?
17 March 2024 | 4 replies
Regardless of the type of loan (Dutch or non-Dutch), HML’s only provide rehab funds for work completed after some kind of inspection (in-person, photos).
Eric Samuels
Which contractor should I go with?
16 March 2024 | 2 replies
I do think the contractor who came in person seems like a trustworthy guy but it’s the first time I met him.Lastly, should I be the one to provide a contractor agreement for them to sign before getting this work done?
Ron-Zhanae' Williams
Letter of Authorization
16 March 2024 | 1 reply
If that is what you mean, yes, the borrower must sign a letter allowing the servicer to speak to you and provide you information about the loan.
KC Pake
What's Holding You Back from Your First Real Estate Investment?
16 March 2024 | 12 replies
Contacts and partnerships: I need to build relationships with local investors, lenders and contractors and learn from them how the process works, who to go to for what and when as well as how I can help them reach their goals.Since my broker has done a few flips himself, he has provided insights and will continue to do so.
Joshua Levasseur
How I Use CallRail and Podio to manage Ringless Voicemails
16 March 2024 | 1 reply
The message that the sellers are receiving provides a callback number.
Tony Pellettieri
Providing insurance coverage for Business Employees
13 March 2024 | 4 replies
We are leaning towards bringing on a hard working administrative assistant to lighten the load and free up more time to focus on more pertinent tasks.Wondering if anyone can give us suggestions on the starting the process of being able to provide/offer health insurance to our employees.
Account Closed
New Real Estate Commission Ruling and How It Will Affect Buyer's Agent
16 March 2024 | 1 reply
The agent listed on the sign represents the Seller, which means they can't provide full service to you as a buyer.
Dustin Horner
Paying Back Private Money
16 March 2024 | 4 replies
Thanks to anyone willing to provide some insight!
Michael Ferrante
Biggest Issues For Property Managers?
16 March 2024 | 4 replies
Be sure to provide them with your expectations from the jump.If you work for an investor/asset manager: transparency is KEY, and knowing the market.