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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
For example in Florida, their contract Residential Contract for Sale and Purchase consists of 13 pages, but you will see clause 7 under Assignability what the State of Florida allows you to do.
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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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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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11 February 2016 | 5 replies
Hi @Les Goss I've purchased 3 notes from FCIExchange over the past 2 years with consistent success and sold one there as well.
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4 February 2016 | 1 reply
The key to direct mail is to consistently mail to the same people over time.
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16 February 2016 | 8 replies
Commercial interests consist of historic "main street" type buildings.
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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 | 10 replies
That's typically because they've found better returns elsewhere or they know how hard it can be to consistently collect in these areas.
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9 February 2016 | 7 replies
Of those on lease, how many have rents consistent with the market?