5 January 2014 | 8 replies
SO nothing out of the pocket of the tenants, but the evil landlords that work hard to provide a solid home for these people get screwed.That is just CHICAGO proper and nothing is stopping you from investing here or as I do, in other areas around Chicagoland where the laws are more even and fair.
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5 January 2014 | 26 replies
I would contact a Real Estate Attorney to help write up the proper contratct for your state.
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3 January 2014 | 9 replies
If you relax on some terms, it can be used against you in eviction court.If the tenant doesn't pay on time, hit them with proper notice.
14 January 2014 | 26 replies
I have a lot of high end products and services at a fraction of the cost of what most pay to my advantage.I think I just need to get out there and start networking a bit and see who or what I can run into.
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6 January 2014 | 8 replies
A properly discharged mortgage debt relieves the borrower of deficiency but does not 'cancel' or remove the mortgage from the property.
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10 September 2017 | 28 replies
.· 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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7 January 2014 | 22 replies
At the same time, I don't know anything about structuring a deal or landlording or any of that- I was thinking it would be better to split the profits with a mentor and learn the proper way of doing things along the way.I did buy the books to get a real estate license here in California through firsttuesday.us, and will be studying for the sales license exam.
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).
3 January 2014 | 0 replies
Need to submit the proper paper work to the HOA, but they wont answer me to make sure I have the required documents and requests when I go to submit.
5 January 2014 | 9 replies
Loan products are much the same at banks