Dennis M.
Help ..Contractors and bank draws
3 July 2018 | 0 replies
Ok guys I need some insight before I go insane ..On my personal residence I recently did a construction loan for a large addition and had a lot of work done .the contractor has been paid through the bank on five different draws according to what he’s done he’s a small outfit so we’ve been very lenient and the inspector from the bank seem to be as well because he ( contractor) would not always complete the work in the draw outline .
Christopher McPherson
What's the Best way to buy my 4th property?
3 July 2018 | 9 replies
I've also been told it's difficult to do a heloc if it's not your primary residence.
Chris M.
State of incorporation for a virtual business - any solutions?
3 July 2018 | 0 replies
For purposes of having a commercial space, for business credit, applications/requirements from many companies and to keep our incorporation in the state of Oregon, we are currently leaning toward continuing to rent the cheapest office unit month-to-month as our Principal Place of Business just to meet the requirements of state incorporation/other companies.I'm certain that we are not the only virtual business to face this dilemma... has anyone found a solution to this.. perhaps a method or another state that permits virtual businesses without a physical presence to be incorporated in their state?
Jim L.
Fishy Quitclaim before foreclosure?
4 July 2018 | 9 replies
W 61.34 effectively stops investors from working directly with owner-occupied and/or primary residences who are in foreclosure or may go into foreclosure.
Joel Fine
Should I get a Calif RE license if I'm investing out of state?
11 July 2018 | 10 replies
But, Texas requires that I be a resident of that state in order to get a Texas license.
Kevin Ha
New investor in NYC with some savings looking to start right.
7 October 2018 | 6 replies
I've read forums and that is where NACA came in, however, I would like to see if there is another solution that would either help me invest out of state without moving or invest instate.
Mikolaj S.
Real Estate Wholesaling
4 July 2018 | 0 replies
However i'm not a resident or citizen of the USA so would this be possible through setting up an LLC and still living abroad and doing any related work remotely, or would an E2 visa be the best option. or would it not be possible at all?
Travis Wagner
New member looking for lender advice
6 July 2018 | 4 replies
We plan to rent out our now primary residence and live and fix up this other home.Is it a bad idea to shop for refinance and pick the best deal or will most be equal.
Carla M Richardson
Assignment of Contract/ Purchase-Sale Contract
5 July 2018 | 1 reply
Make sure you include in the Purchase Contract the clause that it can be assigned.As far as "As Is", I also clarify to my end buyer (on the contract) - "Seller (which is you) has never resided in the property, therefore cannot make any representations.
Timothy VanWingerden
Knocking out deferred maintenance on occupied units (8)
5 July 2018 | 9 replies
Do you then rent those out to new tenants, or offer up the upgraded place to current residences first?