All Forum Posts by: Marcus Smoot

Is it possible to use the LIHTC Program with single family homes. All I've found is new LIHTC project creation details in my research. I recently took a job at an affordable housing (144 unit) apartment complex to learn more of the administrative side of HUD programs. Curiosity has me thinking this could be an amazing opportunity if it can be applied to single family.

Any experienced insight would be great.

I'm curious what solution or how you're tracking down heirs to a property?

Im curious the preference of investors using hard money. Does it matter if your lender is local or across the country? My non-experienced opinion is I would prefer a local lender for three reasons. One, I assume the inspection to do a draw would be cheaper. Two, Local provides the capability of building a more intimate relationship. Three, It just seems like things would be easier when located in the same area.

To my experienced hard money users. Am I over thinking this?

Thanks @Jesse LeBlanc, I called a number of "real estate" attorney's today and only a select few understood what I was talking about. I will reach out to Harry tomorrow!

I am looking for suggestions on closing attorneys in Alamance County, NC. Specifically I want to reach out to attorney's that have done their fair share of assignments, Double Closing (or simultaneous closings), or cash out refinancing deals. Experience with subject 2 deals is a bonus but not necessary. 

I'd appreciate the help!