5 September 2014 | 3 replies
(I think if I post specifics, that would constitute an advertisement and thus be subject to different posting rules).
8 September 2014 | 7 replies
You may be subject to some sales pressure though!
6 September 2014 | 11 replies
In terms of references - any state or the particular state of the subject property you will find the rules around mortgage license which will include that state's version of SAFE Act.
6 September 2014 | 6 replies
-credit check (you will be subject to regulatory rules ), but the point of hard money is that the asset being lended on is your primary security - you must be ready to foreclose -paperwork for professional HML companies is more or less like a standard loan package with some different terms.
10 September 2014 | 17 replies
If you want the property ask the borrower for a deed in lieu of foreclosure, then you will own it, the incentive for them to do that is that you can not seek any damages or amounts due from them, you accept the property, subject to any liens, as full payment of the debt created.
9 September 2014 | 15 replies
Age / condition of the subject property.
7 September 2014 | 5 replies
However, the takeaway from that experience was frequently, they are such cash cows that the owners demand unreasonable prices for them.
15 December 2014 | 13 replies
Of that, $1090.98 would be subject to the tax on unrecaptured depreciation, currently capped at 25% (it really your ordinary income rate.)
25 September 2014 | 20 replies
As a result, we tend to conduct periodic (at least annually and as frequent as quarterly) inspections of our properties and correct damages as they are found - we then bill the Tenant immediately rather than wait for the end of the lease.
7 September 2014 | 6 replies
In my state, CA, there are different level of powers, best evident by examining a document alternatively called probate Letters Testamentary (if subject the decedent's will) or Letters of Administration (intestate - no will).