Na Meriel
Complex property transfer to LLC with private mortgage; do I need a title company
21 March 2024 | 4 replies
I contacted a title company to officially record the sale, but they are requiring 3 separate closings (and tons of extra fees) because there will be 3 liens/private mortgages recorded (one is the original mortgage that I want to reassign since the interest rate was very low; the second will be held by my son to my daughter for his portion of the equity in the home; and the third is the difference which will be between my daughter and my other LLC).
Chad Price
Looking for Real Estate Attorney
23 March 2024 | 3 replies
Your Title Companies or Realtor should know of them.
Steven Wocknitz
Best Hard Money Lenders in Canada?
23 March 2024 | 10 replies
They are hard to find though.Our institutions that are similar to hard money lenders are MICs (Mortgage Investment Companies).Since financing is already hard for homeowners due to the qualfying rules, the MICs also do a lot of private first and second mortgages to homeowners.
Vlad Selsky
Fee schedule for Condo HOA
23 March 2024 | 3 replies
Three different management companies have said three different things.Fines are generally either $X or Up To $X for a 1st offense.
Liza Laoag
Turn Basement into rental or buy another property to rent out?
22 March 2024 | 1 reply
Is it better to renovate the basement of your house and turn it into a legal basement apartment or join a JV and use the money to make a down payment on another property to rent out?
Michael Baum
Dwell article about STR rules in cities
23 March 2024 | 7 replies
Manually = impossibleAI municipal/county/state website scraping = maybecrowdsourced in the aggregate from individual law firms/real estate firms = possiblyA huge company or bored crypto zillionaire would have to do it and it might cost a fortune for the subscription.
Francisco Solano
Business Partnership Registration
22 March 2024 | 0 replies
Our current focus is working on 1-4 unit fix and flips, but eventually work towards being able to refinance properties and keep and cash flow them.My question is tailored on the the way I should structure our relationship for the legal and tax base purposes.Should I secure the deals under my business and pay my partner out of my business operating account?
Lakshmi Maddali
Section 8 housing in Baltimore
23 March 2024 | 4 replies
I have a management company handling my houses and I have not missed a rent payment from section 8 in years.
Mike Romano
Can Cash Buyers Submit Offers Directly to Sellers' Agents?
22 March 2024 | 10 replies
Paperwork and legal stuff?
Derrick Wortman
What kind of Financial Advisor do I need?
23 March 2024 | 2 replies
All I know is I'm just looking for strategy help/expertise and not for a company to manage my investments/funds who preferably charges a flat fee vs a % of my assets.