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26 July 2015 | 3 replies
How can we structure the deal in a way that we can do the repairs ourselves without the risk of either party losing out in case the deal falls through?
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26 July 2015 | 5 replies
Sometimes being the third low ball offer on the property is better than being the first.
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27 July 2015 | 5 replies
Conceivably, these siblings would either list and sell the asset to your investor (for which you receive commission #1) or you bring in a developer/syndicator.In the second scenario, siblings would partner up and contribute their equity into the formal or informal partnership and the developer/syndicator would bring experience (successful track record), and other resources including builders, design architects, engineers, and entitlement experts for zoning and building approval, depending in the scale of the project.A third choice exists whereby siblings attempt development themselves.
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28 July 2015 | 3 replies
Hi - I'm looking for some advice on resolving a SDIRA issue:My Self Directed IRA made a unsecured loan to an individual (not a disqualified party).The borrower is unable to repay the loan according to the terms of the note.
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28 July 2015 | 4 replies
(Not good).The good side, seller was able to provide supporting data for all tenant, 2 of the 3 tenant have stayed over 4 years and the third going to 2nd year.
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26 July 2015 | 0 replies
Both parties can commission their own attorney or use a Realtor to draft a sale agreement.
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27 July 2015 | 2 replies
I am assuming you have some kind of umbrella insurance to cover your liabilities currently, if not, I would also recommend a third trip to the insurance agent.
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27 July 2015 | 6 replies
Each title company presents their 'offer to insure' called a preliminary report, subject to their interpretatation of status of title and their list of exceptions, if any, which are the 'fine print'.Generally, prior to a quiet title or other lawsuit requiring notice to other parties of interest (including creditors) a litigation guarantee is the product offered, naming all those parties that requiring noticing, including any government agencies.
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1 August 2015 | 26 replies
Third, although not really important, we're able in all cases to lower our interest rates by moving to commercial paper (from 4.25% to 4% for one group of properties, from 5.375% to 4.375% for another group).