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4 February 2016 | 1 reply
It is never advisable to give ANY lender upfront fees of any kind except for the payment of appraisal work performed by 3rd parties that are required, if any.
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2 February 2017 | 15 replies
This type of practice raises a red flag with the state because It clearly shows that you have no "intent and capacity to perform".
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5 February 2016 | 3 replies
Hello @Jason UtleyWell, there are many ways to choose a property management company, or perform those tasks yourself.
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6 February 2016 | 7 replies
Second thing is that the "unofficial formula" is pretty accurate and a great way to stay out of trouble in this business.
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7 February 2016 | 6 replies
Therefore, excluded from the AML Program is any Federal or state agency or authority administering mortgage or housing assistance, fraud prevention or foreclosure prevention program, though manufactured housing entities participating in such programs must comply with the rule to the extent that any transactions could reasonably be considered to be extending a primary residence loan or offering or negotiating the terms of a primary residence loan.Technical Explanation of Anti Money Laundering Requirements Interestingly, the AML Program does apply to foreclosure prevention actions and counseling services performed by legitimate, non-profit organizations, to the extent any such organizations may reasonably be deemed to be extending a residential mortgage loan (including a short-term mortgage loan), or offering or negotiating the terms of a residential mortgage loan.
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20 February 2016 | 7 replies
I refuse to leverage any of my properties since they cash flow well and are all performing.
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9 February 2016 | 3 replies
They can accurately tell you the value of a property.
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10 February 2016 | 1 reply
Also Can anyone recommend a individual or company that can perform title searches?
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18 February 2016 | 18 replies
Direct train service to NYC (50 min train ride), lots of restaurants, very walkable downtown, MAYO performing arts center with some good acts cycling through, and lots of bars/ nightlife which appeals to younger crowd a make it a hot rental market.
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20 June 2020 | 6 replies
Again, there are companies that perform this service for a nominal fee.There are no annual filing requirements for single-member LLCs in Arizona.If your LLC has more members than just yourself, then you need to get an EIN and also file Arizona Form 165 with the Arizona Department of Revenue annually.Hope this helps.