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30 September 2014 | 11 replies
@David C. and @Ned CareyIf you read the Ohio case I posted, although there were charges that the investor could not represent his own corporate entity in court, the main reason the charges of practicing without a license were brought were due to the investor approaching homeowners to transfer properties to his entity "subject to" the mortgage, then his entity failing to pay the mortgage.
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25 August 2014 | 10 replies
We invested all of my income into 2 pure rentals before we were transferred again.We use our transient military career to invest in personals because they have 1) cheaper down payment 2) Lower interest ratesWe live off of one income (my husband's) using mine when it exists (it can take awhile for me to re-establish myself in a new area) into pure rentals.Because of our transient life style causing home to be "relevant" to the current set of orders.
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24 August 2014 | 16 replies
We invested all of my income into 2 pure rentals before we were transferred again.We use our transient military career to invest in personals because they have 1) cheaper down payment 2) Lower interest ratesWe live off of one income (my husband's) using mine when it exists (it can take awhile for me to re-establish myself in a new area) into pure rentals.Because of our transient life style causing home to be "relevant" to the current set of orders.
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23 August 2014 | 7 replies
In my experience just less demanding and more reliable.
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25 August 2014 | 21 replies
I don't want to have a loan held under those conditions; I would think they would be anxious to call it in with any excuse possible, such as if they see it transferred to an LLC.
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6 January 2015 | 28 replies
You will likely have to buy in your own name (to start) and then transfer title to the LLC though, in order to get a mortgage on the property (unless you're buying enough to get a blanket loan or portfolio loan).Feel free to PM me if you have any questions.Happy investingLarry
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30 August 2014 | 4 replies
In my experience it is worth a few dollars more per hour to have a high caliber, reliable employee that you don't have to micromanage.
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28 August 2014 | 0 replies
I'm trying to find a good attorney to transfer a Deed to my name I have POA over the property and need help to secure this home so I refinance in 6 months or so.
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24 January 2017 | 30 replies
Sure, with enough research and patience a borrower might find a high LTV lender, however these lenders are neither reliable, consistent nor around when the cycles change.
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6 September 2014 | 23 replies
Where do you plan to get reliable cap rate comps from?