Luis Herna
Help With Loi As Wholesaler - Commercial Deal
23 January 2025 | 4 replies
Notice in some state like Texas, I MUST disclose I intend to assign the equitable interest.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
24 January 2025 | 42 replies
This has been my experience: "As to the remedy plaintiffs seek, the case law reveals that "the equitable remedy of specific performance is routinely awarded in contract actions involving real property, on the premise that each parcel of real property is unique" (EMF Gen.
Donald DiBuono
Buying a Trust vs Sub To
23 January 2025 | 7 replies
I believe the code says "if a veteran holds legal title to a property secured by a VA loan but does not possess equitable title, this situation is considered 'not a disposition."
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
The disclosure must include:1. that this is an equitable interest2. if wholesalers does not have legal title and may NOT be able to transfer title
Kendall Brutus
I'm back and let's chat.
22 January 2025 | 4 replies
I’ve heard so many inspiring stories about members who started with nothing and now own multiple properties by taking a chance.
Reid Ervin
Partnering with an Investor to Purchase Off-Market Portfolio via Seller Financing
7 January 2025 | 2 replies
I want to make sure that both of us feel like the deal is fair and equitable for the risks and rewards involved.Any guidance on how to approach these key questions would be greatly appreciated!
Zander Ayton
Insurance while flipping
22 January 2025 | 2 replies
No chance I can be finished with the house by then.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
23 January 2025 | 31 replies
Growth is best served TRANSACTING properties to HARVEST appreciation/equitable gains for redeployment of those gains (better know as PYRAMIDING).
Shawn Tinerino
selling with seller financing
23 January 2025 | 3 replies
Being that rates are up it's another way to offer exatly what you mentioned; the chance to own for a couple hundred bucks more than renting.Thoughts?
Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
However, deeds in lieu of foreclosure can be subject to judicial attack by their grantors and their grantors' creditors.Grounds for attacks on deeds in lieu of foreclosure include the following:• That the deed was an equitable mortgage - that the parties intended the deed to be given as security for a debt and that the deed was not an absolute conveyance.• That the deed is either a preferential or fraudulent transaction within the purview of the provisions of the federal Bankruptcy Act or any other related state law.• That the deed is a device to clog a mortgagor's right of redemption.• Unfairness of the consideration.• Coercion, fraud, oppression, duress, and undue influence.• That the deed is not subsequent to the execution of the mortgage but contemporaneous with it.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!