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Results (3,456+)
Jay P. Finally purchased my first property
14 April 2019 | 5 replies
Also Ricky Stone with CMG Financial took care of the financial side of things and made sure I was approved and also was instrumental in getting me the down payment assistance.
Jay Kukla Need help ASAP ! Want my buddy’s house that’s in foreclosure
22 April 2019 | 4 replies
Now be careful how you do this.. and use the proper instrument some states a QC may be trouble when you go to resell.. 
Robert Shedden Second Fourplex - 14 days after our first property.
25 May 2019 | 93 replies
He was instrumental in getting us to jump into real estate investing.
Vivek Shah How to get your properties into LLCs legally
24 August 2019 | 14 replies
@Vivek ShahBack in 2017, Fannie Mae quietly announced a change that allows transfers to LLCs under certain conditions:"The mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence)."
Navdeep Raj 250K Investment in to-be hot pocket in North Austin
24 June 2019 | 8 replies
Community center with pool, tennis, etc - 1min walkSchool district: 5-6-7Driving distances:Costco - 14minWalmart - 10minLakeline shopping mall - 11minAnd to the Tech side of things (big part of my speculation)Apple/Oracle/Accenture/TriNet - 7minElectronic Arts - 5minAmazon - 12minIBM - 12minDell - 14minVisa - 7minFlex - 6minCisco - 6minNvidia - 9minNational Instruments - 11minSamsung - 20min (insanely huge factory)Everyone above are huge huge employers with 100s-1000s of jobs and constantly hiring & expanding.Amazon is expanding to 800 new employees in “The Domain” new offices by 2020.Google expansion downtown Austin - 5000 new people, 800k sqft by 2022And to the best one!
Navdeep Raj 250K Investment in to-be hot pocket in North Austin
25 April 2019 | 0 replies
Community center with pool, tennis, etc - 1min walkSchool district: 5-6-7Driving distances:Costco - 14minWalmart - 10minLakeline shopping mall - 11minAnd to the Tech side of things (big part of my speculation)Apple/Oracle/Accenture/TriNet - 7minElectronic Arts - 5minAmazon - 12minIBM - 12minDell - 14minVisa - 7minFlex - 6minCisco - 6minNvidia - 9minNational Instruments - 11minSamsung - 20min (insanely huge factory)Everyone above are huge huge employers with 100s-1000s of jobs and constantly hiring & expanding.Amazon is expanding to 800 new employees in “The Domain” new offices by 2020.Google expansion downtown Austin - 5000 new people, 800k sqft by 2022And to the best one!
Phillip Davis Structuring private money funding
1 January 2019 | 6 replies
Just secure their loan via a deed of trust or mortgage (whichever security instrument is used in your state) to the property being loaned on.
Nathan Frost Getting rentals on an LLC
10 June 2019 | 38 replies
Section D1-4.1, Information Relating to Transfers of Ownership Applicable to All Mortgage LoansD1-4.1-01, Determining Whether a Transfer of Ownership Is Permitted (11/12/2014)[...]D1-4.1-02, Allowable Exemptions Due to the Type of TransferA transfer of the property [...] to [...] a limited liability company (LLC), provided that: the mortgage loan was purchased or scuritized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Note: The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.
Kevin Ferguson Hello Fellow BP Members!
9 November 2018 | 2 replies
It has been so instrumental in my investing journey, and in my growth as a real estate agent.
Ron Masters 45 Day Period of Identification
31 August 2018 | 4 replies
@Ron Masters, The 45 day list is an instrument "in writing" between parties to the exchange.