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Here is a link ( https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.html) to Fannie Mae exemptions to "Due on Sale" clause that includes the following: transfer to a limited liability company (LLC), provided ...
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Hi All,I am under contract for my first STR property. The existing owners asked to transfer the bookings over (and I believe chapter 42 of the NC laws state I have to accommodate that). However, I am curious if anyone...
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What rights do I have during the purchase process? Can I ask for a copy of the tenants lease, tenants ability to pay rent? Do the existing terms of the lease to the renter transfer to the new owner? How are deposits p...
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Hi everyone! Very new to wholesaling, and trying to get creative in creating list to launch my first mailing campaign. I am looking at homes on my county website that have been transferred for 0 dollars, and looking...
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Hello Fellow InvestorsI am considering investing in a buy and hold with a friend. The details are below, please let me know if there are any legal or financial issues that I am missing.1. My friend is buying a SFH wit...
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I'm 56 and would like to retire from my job as a nurse below the standard 65y/o. Have a house with $229k loan with roughly $100k equity & 300k trapped in a 401k. Seems like rental income would help but AM I TOO OL...
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BLOCKCHAIN 101: Blockchain is a centralized public ledger that keeps a record of all transactions in chronological order. Data inside the Blockchain is protected by a cryptographic hash function making it immutable.
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Hello BP fam. Situation: I'm a fairly newbie. 3 houses so far and this month is my 1st turnover. I have a tenant moving out this month on the 24th and already have a qualified applicant who placed a deposit to hold fo...
Hello all. My client is selling her home but having challenges finding a 2nd lien holder who popped up during the closing attorney’s title search. She thought the 2nd lien was stripped during a chapter 13 but was not ...
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I just put my current house (call it 18118) up for rent and am receiving applications from prospective tenants. I have a mortgage on the house in my personal name as it is currently my personal residence. I am moving ...