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21 November 2006 | 4 replies
Of course in any transaction, these percentages may vary as well as the distribution ratio.
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13 June 2007 | 4 replies
Just some comments to flipper 101 as to that land contract transaction that went south.Well it does not surprise me since anybody can bind the other and to split the legal title with the seller and equitable title going to the vendee or buyer can lead to diasterous results on the title on the property if the buyer claims an equitable interest which he has..and getting a tenant out if he defaults can proves to be a nightmare and how he binded you by encumbering the property is unbelievable.If you suggest using an outside entity such as a trustee why not just use a land trust and get all the benefits of using that enitity and thus by the trustee holding bot the legal and equitable title called the doctrine of equitable conversion now you have a situation where not other party can take advantage of one another and you would all vote to your designated trustee on any and all affairs of the trust property due to it being a beneficiary directed trust so you must ALL be in agreement, sure avoids litigation and disputes and no one can circumvent you on your investment.I know that feeling of getting burned which is why I use land trusts in my investing since all parties are equally protected in any given transaction.We all made our mistakes in this business..that is for sure..
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16 October 2006 | 4 replies
The Mortgage Bankers Association believes that Hispanic borrowers often steer clear of mainstream lenders due to deportation fears and their dependence on cash transactions.
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19 October 2006 | 10 replies
I enjoy the real estate game and have had success in personal transactions in the past but now I want to take the next step so I am trying to figure everything out.My only real esate closing experience is a buyer or seller.
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18 October 2006 | 1 reply
if you live in Utah, and have your S Corp filed there, and want to invest in Seattle Washington, you speak to your CPA and he'll tell you if you need to even register in the STate of Washington to transact business there.ask your CPA.now, as for LLC and self-employment taxation - talk to your CPA first before you jump to conclusions about S Corp vs LLC.
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11 April 2014 | 8 replies
Clarity leads to focus and productivity.
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24 October 2006 | 5 replies
I agree with JW knowledge is power most clients you deal with have only owned one home and that was their first and the likely hood of them remembering anything about a real estate transaction is slim.
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14 November 2006 | 6 replies
Greetings,I've seen the much recommended Carlton Sheets CD's, DVD's, VHS's, work books, etc. on Ebay for various amounts, most of these are products from 2003, 2004, etc.
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26 October 2006 | 3 replies
We are a Direct Lender with an excellent portfolio of loan products for just about anybody!
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7 December 2006 | 8 replies
Just wondering how many people on this forum actually sell or ar thinking of selling products one ebay.