If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?
Not sure if this is the right place for this but it technically is a lending question. A little backstory first. I have been under contract forever it seems on a simple cash buy property. I should have closed on it 2 ...
Hey guys! I've got a deal I'm going to have the seller finance 100% of at a 1% interest rate. Assuming this deal closes, what will happen when I want to sell the house? How does this work with the mortgage on the home...
I've read thru several posts but wanted to get a clear process or steps for creating a Series LLC and then how to move forward with each new acquisition. My understanding is as follows:Parent LLC - owns all cells and ...
Hello, I am a beginner in Real estate investing. I am at the stage where I am just reading and learning about which direction I want to go. I think I want to start with multi-family homes and use an FHA loan to get...
Do these two contracts look sufficient for wholesaling?Thank you in advance!Option to Purchase For Assignment Real Estate AgreementTHIS OPTION AGREEMENT ("Agreement") made and entered into this day of , 20by and betwe...
Okay...I have definitely been on a strong learning curve these past few weeks, and I'm feeling just a tad overwhelmed.
Ok, I acquired two contracts on homes that are out of the area through a seller who usua...
I own my home outright in Illinois. Its for sale by owner. I got an offer for full listing price with 25% down and the remaining balance payable in 6 monthly payments. My attorney says he would prefer to structure it ...
I purchased a property using hard money and now I’m going to refinance and the lender found that there is ground rent on my property which the title company had missed on the purchase. What are my options of recourse?...
I found a house that is owned under the name of the deceased. I found next of kin but she opted not to go through probate. There are two other family members and they also wish not to petition even after I offered to...