Land Trust Assumable Loan?
So perusing things, I cam across this gem:
Making Loans “Assumable”. A non-assumable loan can become effectively assumed by using a land trust. The seller transfers title into a land trust...
A travel nurse friend of mine wants to sub-let her furnished apartment in Birmingham to another travel nurse or business executive.Question: how does she protect all parties: her landlord (who is in agreement with thi...
I bought a duplex in Aug 2021. One of the units has been vacant all this time (currently March 2022) with a tenant about to move in after the management company's construction crew completed their renovations. In th...
I need some help on something I have virtually no experience...laundry. We are building out a small laundry facility at our apartment complex and expect to complete a revenue share agreement with an equipment vendor....
Hey Y'all!Finally closed on a place and I'm in the process of getting it furnished and ready to rent. I'm looking to rent to travel nurses as I have a couple of hospitals in the area since I'm hearing they are struggl...
Hi, I'm looking at a a new realtor and he asked me to sign an exclusivity agreement and in it compensation to the brokerage is $350 and 3% with a minimum of $3500. He states it's because of that new lawsuit with the s...
I have a 6-unit complex (not in Detroit, MI) I am looking to pull cash out of. I purchased this property and have completely rehabbed it, and looking to pull out cash. Would prefer to go the DSCR route, or something...
Hello,
I need some input on "buyers" representation I interviewed today.
This guy was referred by the www.naeba.org
I checked him/his company out on the BBB.org & did not see any negativity.
I'm looking at a pr...
Hi,
I spoke to a lender about a home loan for a primary residence. This will be my second loan. I currently live on a property I bought last 2022. I am doing medium term rentals (MTR) with 2 tenants at the moment. Th...
Hi all,I'm just beginning getting into real estate investing. I own my primary residence, and I'm working towards saving up for a down payment on a duplex/triplex to rent out. What I am considering to help that go fas...