Jason Leggett
Subject to / seller financing hybrid
12 February 2024 | 5 replies
Second: You will need C) Executory agreement (add clause that if you default on the payment, seller can take back ownership D) In addition, a purchase an sales agreement reflecting the subject to the existing mortgage note, under the seller's nameGet title insurance with the seller as a secondary in addition to the insurance already on the property.The purchase agreement reflecting both the equity payments and mortgage subject shall be executed and held deed to property, via this hybrid transaction be transferred into the buyer name..The deed, instead of being recorded at the registry, triggering a potential risk of a due on sale clause, shall be held in a mutual accessed safety deposit box along with the executory contract.
Sean Tong
Real Close Price of New Home?
12 February 2024 | 4 replies
This x 1000000This is what you need to do.If you're working with an agent they should be doing this for you.Recently, I was in the same situation with several buyers on new construction.
Beth L.
Questions--How to use a Property Management LLC as the "face" of my rental business
12 February 2024 | 12 replies
I started with the right attorney but had the wrong CPA, in my first 2 years the CPA undid half the things the attorney had set up for me and now, several years later I have a better CPA and I'm having to restructure my entities very similar to the way the attorney originally planned.
Darian Gore
Should I hire a CPA
12 February 2024 | 11 replies
I have 7 properties, 1 W-2, several K-1s and a few other small things.
Amir A.
Best Way to Approach My Grandmother's property
12 February 2024 | 9 replies
Being able to have an investment property is great, but at the risk of potentially causing a rift in the family??
Isaiah Cuellar
Buy and hold tax benefits?
12 February 2024 | 5 replies
@Isaiah CuellarI think there are several strategies you could use.
Tyson Scheutze
Same Street, Different Home
12 February 2024 | 0 replies
Even with access to the best data and risk modeling tools, trying to determine the projected amount of maintenance or capital expenditures proved to be very challenging.
Jonathan Rivera
Real estate low risk strategies?
9 February 2024 | 6 replies
What are some of the best real estate low risk strategies investing long distance/ Out of state that can produce reoccurring income?
Brian Willie
Do property managers show lease option properties to prospective tenants/buyers?
12 February 2024 | 3 replies
I'm purchasing several properties and I would like to set them up as lease options and hire a management company to manage them.
In Cho
Advice on House Hacking in Chicago for a Veteran
12 February 2024 | 18 replies
I have several clients that have used it multiple times, and it is an amazing way to build wealth with very little money in your pocket.