My LLC is in Virginia and I invest in about 10 states and register my LLC in each of thoseTypically what they require is a letter of good standing from your “home state” - a fee and you have to have a registered agent in that state.

Are there any fees?

John Sims Consulting was created by John Sims as a result of his other company Black Oncy lending ripping off so many people- taking upfront fees to fund someone else's ligestyle

Can she not rent out the home and "pay" your friend a large "manager fee but is saving some or all of it so Medicaid will not see and he quietly pays her back all or some of those "management fees" after Medicaide people check her capability to get help from them?

I am a wholesaler, I also directly source properties for a few people for a fee.

Hypothetically, If a traditional lender charged say around 4000 fees/closing cost etc and 5.5% rate along with a mandatory 25% down payment  ; Are there individuals who can lend to the same person at better terms beating out the traditional lender?

We are open to exploring other lending options or finding a solution to transfer funds without incurring other fees/taxes.Any ideas would be great!

The commitment letter had the following language;Transfers/Assumability: Subject to Lender’s then-current underwriting requirements and compliance with the other requirements of the loan documents, the Loan is assumable by a qualified transferee of the Property for a fee of 1.00000%of the unpaid principal balance of the Loan at the time of such a transfer (a “Consented Transfer”).My question relates to the terms of the loan and savings to the buyer.

I nicely state, there's late fees associated with you late rent payment and I'll be sending you an invoice for this.So I send the Late Rent Invoice, basically $50 late fee on top of the $1450 rent due (making it a $1500 total). 

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