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17 December 2024 | 42 replies
I believe according to the father's will the property was to become his son's who is now also deceased.Both Deed of trusts are in the father's name and the family has never filed death certificates with the county from what I can see so far.It appears the 2nd position Deed of trust will get auctioned at the trustee sale.
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13 December 2024 | 2 replies
Key Steps Before ProceedingContact the Loan Servicer: They will guide you through the assumption process and confirm whether an entity can participate.Consult an Attorney: If you’re considering title transfers or joint ventures, an attorney familiar with VA loans can help you navigate potential risks.Understand Due-On-Sale Clauses: Ensure any post-assumption changes comply with the loan terms to avoid triggering repayment demands.Final ThoughtsVA loans are a unique and valuable financing tool, but the program’s focus on personal borrowers makes entity-based assumptions unlikely.
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13 December 2024 | 5 replies
It has been a gamechanger in my business.For my flipping business, I prefer to use fewer software programs to streamline things.
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13 December 2024 | 2 replies
Benefits for Real Estate InvestorsLeverage for Growth: Use business credit to fund renovations, marketing, or even bridge financing, which keeps your personal capital available for other investments.Personal Credit Protection: Business credit utilization doesn’t appear on your personal credit report, avoiding hits to your personal score from high balances.Larger Loan Opportunities: Over time, established business credit unlocks higher limits and better terms for larger investments.Potential Challenges and TipsSlow Start: Building business credit takes time.
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7 December 2024 | 17 replies
Its a great program of you know what the hell you are doing.
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2 January 2025 | 50 replies
Oh, and the platforms are actually more friendly to the buyers than sellers. that is why they will take money from hosts on practically any complaint from a guest, or suspend a persons listing until they can prove/disprove any guest allegation.Airbnb’s big focus has been making users able to just use Airbnb system instead of using third-party programs like cleaning calendars or pricing system.
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12 December 2024 | 4 replies
One unit is occupied by a low-income senior not on the Housing Choice Voucher program and paying well below market rent.
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3 December 2024 | 1 reply
Hello,I have a potential tenant that is part of a Community Living Program and I am looking for other peoples experiences dealing with these types of tenants.So the tenant had a traumatic injury and now their insurance pays out a set amount each month to cover their living expenses.
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15 December 2024 | 14 replies
This criteria is for 1-4 and 5-8 unit programs.
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15 December 2024 | 7 replies
I have been trying to avoid the coaching programs (limited capital) but it seems like I might need one if (and/or) not a lawyer on retainer to sort through it all.