Andrew Postell
HOW TO: Avoid the “DUE ON SALE” Clause
28 April 2024 | 20 replies
At least, not as big as some people lead on about it.
Bryson Williams
Renting College Students
28 April 2024 | 4 replies
Pros and Cons of renting to young people besides the few I can think of on my own ?
John Archer
Pace Morby and his gator lending tribe
26 April 2024 | 47 replies
There are a lot of opinions from people who have no first-hand experience.
Buck Palmer
First Real Estate Investment
29 April 2024 | 4 replies
Because of his experience, he knows plenty of people that he has worked with in the past that I would hire to renovate.
Roy Jones
New Wraparound laws for Texas
26 April 2024 | 4 replies
To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.
Prem Jain
Seeking Advice on Lending Money for a Home Purchase in Texas
28 April 2024 | 5 replies
I'd love to put you in contact with these people and start marketing your services to them, I have done this maybe 40 times now with my current lenders and i typically just add my payment into the HUD and the borrower pays it, this service wouldn't cost you anything.
Jake Burkons
What card to get at 18 years old for a young real estate investor
29 April 2024 | 11 replies
Since you're just starting out, look for credit cards designed for people with limited or no credit history.
Stefano Muscatelli
New real estate investor as well as interest in raising capital
28 April 2024 | 10 replies
I'm looking to network with people in the area to learn about rental properties, and perhaps syndication opportunities as well.
Brandon Chung
College Student in Cleveland Excited to Learn about REI
28 April 2024 | 15 replies
Attend meetups and meet as many people in RE as you can.
Troy W. Hudson
New to REI at age 60
29 April 2024 | 10 replies
A lot of people only think about the short term, and how they can benefit now, rather than how they can set themselves up in the future.