Nelson M.
FHA Occupancy Rules
25 August 2015 | 5 replies
I definitely wouldn't furnish another residence and I do plan on putting everything on my name, transferring my driver's license, and settling in as a normal new resident would.
Wesley C.
Where do you keep cash reserves?
20 November 2015 | 27 replies
But it's on line, so I have to transfer the money to a checking's account a week before I need it.
Jerome Harrod II
Brokers against Wholesaling & Lease Options. Why are you?
27 August 2015 | 25 replies
As an agent and an investor myself, I am going to wholesale a house for 10k vs. listing a property and making a lot less just to split a commission with someone. any agent out there that has a broker like that just needs to pay the transfer fee to move to another firm
Debra Steward
Quit Claim it or forget the deal
18 September 2015 | 7 replies
In the letter it states that the money I am paying is strictly their cost for fees associated with the transfer of the property and they aren't making any profit from they sale and all they are guaranteeing me with the Quit Claim deed is any interest they have in the property so I thought that would be any mortgage that was owed to them.The house was foreclosed on before the mortgage company went bankrupt and they were awarded possession and the judicial sale order.
Daria B.
ingress / egress situation on REO
28 August 2015 | 7 replies
She had heirs, but as I understood it over the phone, it sounded like this property never went through probate and a legal transfer of ownership hasn't been recorded since her passing.I understand that attempts have been made to get the local authorities to change the designated use to an easement.
Pavlos Kasselouris
Do you track your NET WORTH?
5 July 2016 | 74 replies
Wealth transfer happens in recessions.
Perry Birch
Structuring multi-lot / multi-owner development project
27 August 2015 | 0 replies
I expect the project to be ~1.7M and am raising ~600k to cover planning and initial costs and financing the remaining 950k (750k/1.7M = 44%).My neighbor is considering selling me their (larger) property for 600k that is wholly owned but has very high cap gains pending.We are both concerned with minimizing fees and tax penalties.They are open to an idea I proposed where they would transfer the property to me in exchange for a comparable position in a LLP limited partnership stake in my project which would enable me to take out a HLOC sufficient (or nearly) to fund the project and buy them out, plus interest, in a chunk once complete/over several years.Another thought was to owner finance with payments to them spread across say 5 years from the added value to the developed project but it seems that muddies the ability to establish an equity line that they aren't affiliated with.Ideas?
Richard S.
Detroit single family home
9 September 2015 | 18 replies
The deed was transferred to me from a business partner as a good gesture.....
Troy Sheets
Skip trace, people search? Need to find owner and tax records NFG
30 August 2015 | 8 replies
They said it was transferred to PHA, and then PHA said they couldn't do anything because the Council President had their eye on it for improvements to the neighborhood.
William DeHaan
I Don't Need a Custodian nor LLC for a Self-Directed Solo 401k?
31 August 2015 | 0 replies
I was going to transfer my Individual 401k (currently with Schwab) to a Self-Directed Solo 401k with Provident Trust using them as the Custodian ($495/year) and then also establishing an LLC to which funds would be transferred and controlled.