Ben Visser
Seller financing with note holder or wholesale?
29 March 2016 | 8 replies
A quick search of the public records should tell you how it was sold (title conveyed to buyer, land contract, etc.) and what, if any, proper proceedings have occurred to put the "note holder" on title.
Diane Trotter
Anyone doing crowdfunding?
12 June 2017 | 126 replies
Do players with real VC backing want to take that amount of risk at this point in their lifecycle while growth is still occurring at a steady clip amount accredited investors?
Matthew D.
Recourse? Need advice 28 days into Multifamily purchase
19 March 2016 | 8 replies
Plumbing repair and professional clean up.I have also been told from the other tenants and now the seller that an issue like this had occurred about 5 months ago.
Mike Fuller
New member from Chattanooga, TN
20 March 2016 | 13 replies
If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Farooq Busari
Real Estate Investor - Ohio
22 March 2016 | 4 replies
If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Erik E.
Realtor in Miami?
22 March 2016 | 4 replies
If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Mimi H.
Vancouver, BC rent control / stabilization?
30 March 2016 | 17 replies
In the case of capital gains, there is an election that can be files at the time a property is sold which will reduce the immediate withholding - your accountant can explain this to you, or you can look it up on the CRA website.Item 5 on your list occurs because you inherit the contracts (leases) associated with the property when you acquire it.
Veronika Von
Seller financing and 1031
25 April 2016 | 19 replies
Account Closed, The key difference lies in the nature of the cash when refinancing pre-1031 and post-1031.When a refinance occurs immediately prior to a sale of property and the commencement of a 1031 the refinance initially produces cash that is not gain or equity from the sale but is a loan with the property as security.
Jeffrey Wardlow
Jax Fl. Realtor
29 March 2016 | 4 replies
Hi @Jeffrey Wardlow.I got started on accident.