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14 July 2024 | 3 replies
Now as a mobile home investor, when I wholesale mobile homes I also use assignments as well.
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14 July 2024 | 4 replies
It's important to have a well defined plan and exit strategy.
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13 July 2024 | 6 replies
But I suspect eventually I will get to that point as well where it may not be worth it!
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13 July 2024 | 2 replies
processing fee being wired for LOI is usually code for a fake lender or a lender that very well may never fund.. so caution on that one..
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14 July 2024 | 5 replies
Well, its likely in there somewhere. 5G is going up and adding equipment which warrants an increase in rent if the lease doesn't permit expansion.
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12 July 2024 | 19 replies
They can guide you on the most cost-effective and efficient path forward to protect your interests and ensure compliance with legal requirements.Feel free to reach out if you have any other questions.
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14 July 2024 | 14 replies
We have been lowering one of our units and is now below what we were renting it for before.In Los Angeles I am seeing it as well, unless there is something unique about the property.
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14 July 2024 | 9 replies
Also the cleaners nudge them out as well.
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10 July 2024 | 6 replies
The way we look at it however is this sort of situation would be OK - but its a one time referral fee - any sort of arrangement with a long-term referral fee / borrower protection is reserved for true professional mortgage brokers - who like @Chris Seveney mentioned, would be doing more legwork on the deal vs. a simple and clean referral handoffvia CFPB on referral fees for business-purpose hard money loans:§ 1024.5 Coverage of RESPA.THIS VERSION IS THE CURRENT REGULATIONView all versions of this regulationSearch this regulationRegulation X(a) Applicability.
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12 July 2024 | 17 replies
Long story short we do not have much protection in NJ, collecting full security deposit is a must.