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3 April 2021 | 9 replies
@Matt Arden When you do find a lender, make sure check whether they will allow for partial release of properties, in the event you want to sell one or several.
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26 April 2021 | 6 replies
It is called partial release.
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28 October 2021 | 3 replies
One thing to look out that differs from doing individual loan is the partial release terms.
15 November 2021 | 4 replies
For portfolio loan, taking one out is easy, just do a partial release.
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10 February 2021 | 3 replies
What would it look like for you to use a bank loan intended for rehab projects to purchase the property from them at their debt-release price and then let the bank's loan product fund the rehab?
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8 April 2021 | 10 replies
Add in any incidentals like if you're responsible for the costs to record the note and/or release of liens to get your total cost.Money is as much a tool and supply as is a nail gun and a 2x4.
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12 May 2021 | 10 replies
Also depending on the lender they may want signed lien release from the subs (total pain) and my lender wants the chunk I am requesting 100% done before they disburse so if it's doors it has to be all hung painted etc.
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18 June 2021 | 2 replies
If there was a mortgage on the property, it would only complicate the paperwork, as parcel by parcel would need to be released from the lien of the mortgage, as they were sold off to homeowners.
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4 April 2017 | 7 replies
You will also have to provide a small amount of consideration (read: money) for the release contract to be non-executory and legal.
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6 September 2017 | 4 replies
Generally, if the lien is from a governmental unit, it will not be released by tax sale.