Rafael Pinho
DSCR mortgage, non-resident
14 August 2023 | 8 replies
., “green card” holders) are typically fully eligible for DSCR loans with no LTV restrictions.
David Burton
[HELP] Defining wholesaling to a lawyer
5 March 2019 | 4 replies
., option holder) is not required to perform.
Jeremy Kleier
House hacking with Airbnb? Good Idea?
28 October 2014 | 11 replies
The second criteria is for the house to be able to cover all of its expenses with room based on the average data of its equivelants on VRBO.My husband is active duty navy. so our goal with this house is to buy a gutter, fix it up and than rent it as a vacation home so it covers all of our costs and we have a house to visit.Since it will be in a VERY expensive area we want someone else to start paying off our mortgage AND have a place holder so the houses don't get more expensive.
Taylor Campbell
LLC or not to LLC
6 January 2024 | 12 replies
I am a strong advocate for asset protection and utilizing a deed holder entity is recommended.
Jonathan Marcus
Non Arm's Length Transaction in Short Sale
2 April 2014 | 5 replies
The parties acknowledge and agree that the Seller may cancel this agreement prior to the ending date of the contract period without advance notice to the broker and without payment of a commission of any other consideration, if the property is conveyed via foreclosure to the mortgage insurer or the mortgage holder.3.
Lance V.
Getting started in 2-6 unit rentals and LT planning
11 June 2011 | 1 reply
I also spent a couple years laboring for a flipper/investor/holder for sfh’s.Getting StartedMy interests are 2+flats, du/tri/quadplexes or small apartment complexes no greater than 6 units.
Brian Erlich
What is the process of going through probate like?
2 September 2016 | 13 replies
My theory (Based on very little knowledge) is that since the liens are paid based on priority we should either be able to negotiate with the junior lien holders or the court will allow the property to be sold to satisfy as much of the debt, in priority, as possible.
Jennifer Shelton
Deceased Lender; clearing title
25 August 2017 | 1 reply
Just because the mortgage holder dies, that does not mean she is out of paying off the note.
Mumu Shang
Bankruptcy Trustee Shortsale
9 September 2020 | 8 replies
Binder is non-refundable, except if lien holder does notapprove the short sale or if seller is unable to provide buyer with a clear title.5.
Carol Donaldson
Horror story - self directed IRA. Any advice?
10 January 2016 | 7 replies
Your word this came from a pension, and the fact that the check was issued from the pension to XYZ custodian is sufficient.As for the IRA, a statement that lists you as the account holder, the name of the institution, the type of IRA and the account number is sufficient.