Ryan Ellis
Tampa Area Mortgage Broker Familiar With Lease Options
10 October 2016 | 4 replies
***Additionally, a mortgage broker that is able to take a tenant-buyer's option consideration that is paid to me (wholesale lease option deal), and either apply that consideration towards the TB's down payment when the exercise their right to purchase ORdiscount the price of the house.Typically the consideration goes through a third-party escrow account (my attorney's), and that helps with the above.Typically mortgage brokers who understand this type of situation will only submit financing applications to banks they have great relationships and won't have an issue with this type of thing.Thanks in advance!!
Drew Oberholtzer
Creating Series LLC with Private Investors and Equity Partners
8 October 2016 | 8 replies
The series LLC avoids the issue of forming multiple LLCs and accounting for them at the end of the tax year.
Nick B.
Buying a REO with a quit claim deed - bad idea?
12 October 2016 | 15 replies
How can I protect myself against possible title issues?
Kay Keovongphet
Boeing self directed 401k
5 February 2020 | 7 replies
@Kay KeovongphetFor the profit sharing potion (employer contribution portion) of the plan that following may apply if your employer allows for it: The Employer Contributions being withdrawn have been accumulated in the PSP Plan for at least 2 years.For salary deferrals (employee contributions) Any employee contribution (including any earnings on such amounts) may not be distributed prior to the the Participant’s severance from employment, death, or disability.
Annette Howard
New NC Member-Adverse Possession-Tacking-Easement by Prescription
21 October 2016 | 6 replies
Annette - You seem pretty familiar with the general aspects of adverse possession and similar legal issues.
John McAuley
Can my Solo 401k sell a house to another LLC I own?
29 May 2017 | 8 replies
@Ed` Jones If I've properly understood....the insertion of additional entities, particularly an IRA, would only exacerbate the issue.
Account Closed
WHOLESALING QUESTIONS
4 September 2019 | 6 replies
Title companies are in the business of issuing insurance, providing settlement services & acting as an escrowee in certain circumstances.
Olivier Mader
All Cash Closing taking a long time...
21 October 2016 | 17 replies
Title issues, on the other hand, don't.
Petr Anisimov
At what price point should I walk away?
12 October 2016 | 13 replies
Here is a part of the letter, I sent to the seller:The home inspection was completed on September 29th (please see attached) and the following issues were pointed out: 1.The wooden floor frame in the middle unit is deteriorating due to either prior water leak in the bathroom or due to moisture infiltration through the walls and foundation.2.There is evidence of significant settlement under the middle unit bathroom and north closet.3.The settlement of the floor and walls has also resulted in settlement of the roof frame above this area, ceiling shows cracks.4.There is an obvious depression on the roof – water is ponding on the roof above the middle unit, which adds excessive weight on the roof and potential for leaks.5.Asbestos containing material has been found.6.The current bedroom heat installations in the north and south units pose a safety hazard from carbon monoxide, fire and oxygen depletion.7.An electrician performing upgrades did not use ‘arc fault breakers’ in the north and south unit breaker panels, which is required by the national electrical code.8.Upgrades to the electrical system, promised by a real estate agent, have not been completed yet.
Mike Anders
Tracking down homeowner phone numbers
11 December 2016 | 1 reply
@Mike AndersHey Mike, I don't know if you already solved the issue,There are many people search providers you can get phone numbers from .