Tim Speer
Certificate of authority.
can you conduct realestate without a certificate of authority from your state, secretary of state.Also same for an llc. Can you do business without one? I mean obviously its wise for legal liabilty issues. Im getting...
Bill Manassero
Looking for a Good Real Estate Attorney in Orange County
Hi my name is Bill Manassero. I am a fairly new multifamily real estate investor who mainly invests out-of-state (currently, Memphis, Atlanta and Indianapolis). I live in Mission Viejo.I am looking for a good strong...
Raden Mantuano
Seller has confused me! PROBATE QUESTION
If seller petitioned for full authority, What would be the reason a judge would tell them that they have permission to sell? but have to have the home listed by Jan. 1st. ? would there be any changes during this proce...
Mark Dante
Real Estate Professional Tax Loophole - holdings in a trust
Question for the CPA's - Person A is setting up a trust for estate planning purposes. Person B will be the beneficiary of that trust upon the death of Person A. The assets of the trust are primarily income producing...
Ivan Mendoza
Title Issues - Department of Revenue
Hello BP Friends,
Hello Everyone! Wanted to ask the group for some helping regarding a deal I'm working on in Franklin County, NC. The attorney who is running title on a property I'm trying to buy came back statin...
Jazmine S.
Do lenders take available credit into consideration?
I am trying to decide if it's a good investment to purchase an AU or two before I apply for funding. (I'm going either the HML or Portfolio route). If they look at income, liquid assets, and debt to income, would avai...
Eric Guasch
Florida Mortage Servicer License - Net Worth Requirement
Hello All-I am interested in applying for the Florida Mortgage Servicer License. According to statute 494.00721, the company must maintain a net worth requirement of $250k in order to originate and service the debt on...
Guillermo M.
Are title companies required to read the Operating Agreement of an LLC when they sell a property?
I have never sold a property so far, are title companies required to read the Operating Agreement of an LLC when they sell a property?
When an LLC sells a property, does the Title Company ask for the Operating Agreeme...
Saran Mandhadapu
How to setup parent and subsidiary business bank accounts?
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Scott A Samuels
US Bank REO Fraud Department
Does anyone know how I can report a vendor REO broker that has purchased several of his own assigned assets under an LLC and now has the properties on the market at a huge profit. I was never able to buy any of my as...