Altin Velaj
What does it take to be successful.
20 April 2012 | 16 replies
To answer your question of me as to marketing - I like the words FREE in my style of marketing.
Stan Plebanek
Has anyone ever done this?
23 April 2012 | 5 replies
Here is an excerpt from @Clint Coons regarding the due-on-sale clausehttp://www.alglaw.com/service/view/land_trustsWith respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may NOT exercise its option pursuant to a due-on-sale clause upon:(1) the creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter-vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.So, like K.
Ed O.
Is a cedar tree worth anything?
26 April 2012 | 11 replies
They are going to be part of a Colorado style ranch entrance.
Bienes Raices
AC system is on the roof -- can it be moved?
30 April 2012 | 3 replies
It's one of those old 1950's style houses with a partial flat roof and the AC condensor is on the roof, and the handler is in the attic.This is in Florida, where the insurance rules tend to be strict, and a 4 point inspection is required for "old" properties.
James Vann
Will this work?
2 May 2012 | 29 replies
Residential loans now include all loans where the proceeds are used for a personal or household purpose.
Jeff Thompson
prepaid leaseback - transfer property with no money down?
29 April 2012 | 6 replies
This idea is another path along the same lines as http://www.biggerpockets.com/forums/50/topics/72998-credit-partner-arrangement---sandwich-lease, only this is lot more simple and has more options (I can sell outright too).This method I'd sell kind of turnkey style, but as a "leaseback" (with sublet rights) that I'd prepay so they would get their down payment and closing costs back (maybe I could even pay directly to the escrow account?)
Bienes Raices
Detached "condo" as rental
2 May 2012 | 4 replies
Up north condo always implied an apartment building style arrangement.
Ryan O.
First Rehab Completed and Sold
9 July 2012 | 21 replies
My only suggestion would be on the next one, keep your style consistent, such as color and style of cabinets.
Daniel O.
Southern California Investors Clubs
3 January 2014 | 23 replies
Each FIBI chapter offers it's own style of connecting with investors.
Greg P.
This is Retail Center a deal? Please advise
13 May 2012 | 25 replies
Inspect the RE, consider functional obsolesence (style, materials, age, etc.).