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16 December 2024 | 19 replies
However, their terms involve a 20-year amortization, a 5-year ARM, and a rate of prime + 0.5% thereafter.I’m exploring other options for financing and would appreciate any suggestions or advice.
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10 December 2024 | 39 replies
No PM, we manage at a distance with a solid cleaner and handyman.
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13 December 2024 | 2 replies
Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.
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12 December 2024 | 18 replies
Even someone like Brandon Turner is less and less involved in his syndications, so there's an increased risk that his syndications will not be run with his original values in place.
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16 December 2024 | 12 replies
This usually involves putting down 20% down payment on 150K-170K houses.
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16 December 2024 | 23 replies
There is a lot of risk involved with that and it could turn out to be a problem with the wrong people in place.
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11 December 2024 | 13 replies
The vast majority of lawsuits against landlords involve wrongful eviction, security deposit disputes, and Fair Housing Violations.
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12 December 2024 | 6 replies
But, understand the cost involved.
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13 December 2024 | 4 replies
Alternatively, some purchasers want to control the process in return for more certainty.For a non-delegated correspondent loan, the loan purchaser will get involved and direct all processing decisions.
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20 December 2024 | 28 replies
The settl4ement was private, but I bet it was at least $400k knowing the attorney's involved, maybe more.