22 March 2018 | 6 replies
Our demand letter adds that we will send the originals once we receive full payment.NEVER SEND ORIGINAL LOAN DOCUMENTS TO ESCROW UNTIL YOU HAVE BEEN PAID OFF IN FULL.Some title and escrow companies are not used to dealing with private lenders and will occasionally hem and haw, but this is legal (and encouraged by my lawyer).
21 March 2018 | 5 replies
The transfer would be less than 2 years after the 1031 exchange and a broker had told us that there is a 2 year look-back and so the DST investment can't be changed (not sold) to another owner within 2 years without invalidating the original 1031.
25 March 2018 | 18 replies
I told him once he got down to 180k let me know.House sat for months before he finally sold it for.......180k.
23 March 2018 | 6 replies
Use asset-based funding, such as private lenders and commercial lenders - those who loan money based on the value of your properties, their profitability and your credit but not your income.C.
10 April 2018 | 18 replies
After that, I sold my entire portfolio and went into mobile home investing.
21 March 2018 | 2 replies
Ideally, I'd like to seller-finance one or two of his properties to start but am open to private money or other alternative exit strategies.
21 March 2018 | 4 replies
However, all first-time homebuyers must complete a homebuyer counseling program.The grant may be used in conjunction with other programs, such as FHA, VA, THDA, USDA/Rural Housing and Community Investment Cash Advance.Homebuyers may be required to pay back a prorated amount of the Welcome Home grant if the home is sold or refinanced during the 5-year retention period.Property Requirements for the Welcome Home Program Property must be used as the homebuyer’s primary residence.Property may consist of 1 to 4 units.
14 May 2018 | 16 replies
I've now sold off all of those at handsome profits.
18 April 2018 | 4 replies
W2 just seems to be a naughty word on BP, but I'm not sold yet that a solid W2 job isn't a route that should be encouraged to those wanting to build a foundation for a RE business as a full time investor.
15 April 2018 | 2 replies
@Daniel CallahanI sent you a private message.