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29 August 2014 | 13 replies
The deciding factor for us was that if you owner-occupy a 2-4 unit building (which we did) in Oakland you are exempt from rent control.
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25 September 2014 | 0 replies
Would be interested to gain some feedback from Canadian Investors with regards to the introduction of Commercial Property Investment opportunities to their network via an Exempt Market Dealer.There are various opportunities available for investors in European Asset backed, commercial property and Loan Notes paying anything up to 14% per annum.Naturally all investments come with some type of risk and it is important to carry out Extensive Due-Diligence prior to making a final decision!
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16 September 2015 | 11 replies
BTW, if you run ads for RE in your newsletters, you need to be a newspaper exempt from licensing laws or hold a license, like running a paper for FSBO ads...requires a license, so right off that bat, you're in trouble in Mo.I can't believe this guy isn't in jail yet.Don't fall for this stuff folks, the money isn't made in RE, it's made by the scam and sizzle, unbelievable !
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4 January 2016 | 11 replies
Mortgage Licensing Act of 2008 to exempt from certain licensing and registration requirements any person (other than a depository institution) who: (1) has less than $25 million in assets; and (2) only originates residential mortgage loans with respect to property owed by the person, and in an amount of $150,000 or less.This is cut and paste from congress.gov website but the word "owed" above should probably be "owned"I think it has already died in a previous congress.
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19 May 2016 | 6 replies
@Janet Hocker, @jynell Berkshire, We bought a house that was zoned as a duplex, but the previous owner had gone through public records to find where at some point it had an exemption and was a 3 unit..
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16 August 2016 | 21 replies
I've noticed a few times on BP that people read through that, see that 2 and 3 unit buildings are rent-control exempt when owner occupied and then seem to stop reading.
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8 October 2016 | 16 replies
There is also misinterpretation of the due on sale verses "estate planning" exemption.
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8 August 2019 | 9 replies
Just get one large enough to provide enough coverage. also looked it up - new jersey doesn't have homestead exemption (chalk another up for NJ not!!!).
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23 December 2016 | 7 replies
There are exemptions under state law, but know the law before you go talking specifics with people you don't have a pre-existing business relationship with.
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23 December 2016 | 3 replies
We now find partners for Multi-family apartment buildings and Mobile Home Parks as an Exempt Market Product Issuer, sometimes also referred to as a real estate syndicator or a private equity issuer.