15 December 2013 | 20 replies
If not, then get somebody there that knows how to properly winterize the property (with an air compressor, not an air tank) and RV antifreeze in all traps and toilets after getting the water out of them.
10 June 2019 | 15 replies
You would need to see the actual note document to be sure about any particular loan, but the general terms are standarized:http://www.law.cornell.edu/uscode/text/12/1701j-3(d)Exemption of specified transfers or dispositionsWith 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—...(4) the granting of a leasehold interest of three years or less not containing an option to purchase;...This section gives a exception to the due on sale clause for a normal lease as long as it three years or less.
20 November 2013 | 1 reply
I know of none unless you are in the private lending space with a good track record and the proper contacts....so private money would probably fall in that category.
22 November 2013 | 9 replies
They are not confused, like an owner might be, as to the idea, a properly priced listing produces a sale in the normal marketing time for the area.Gaining an understanding of who you are actually negotiating with may affect the strategy you use to negotiate and the offer level you put forward.
1 December 2013 | 6 replies
They do all have the proper hearths, screens & tools.
20 November 2013 | 3 replies
I'm very thankful you pointed this out.I'll recheck this again to make sure I understand the rules and how I should properly apply them.
27 November 2013 | 19 replies
(Sorry, I don't know how to properly attribute quotes).
23 November 2013 | 4 replies
You do need to be sure the contract is properly structured and the terms are clear.
30 March 2015 | 23 replies
Read more at http://www.quickenloans.com/blog/investment-proper...