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LoanSnap troubles continue as California revokes its lender license

Housing Wire

The company was evicted in May from its office in Southern California, with the landlord seeking unpaid rent of more than $530,000. These actions include a Wells Fargo suit filed in Minnesota, where the bank sought more than $430,000 over an alleged breach of contract. million.

Landlords 430
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EPM doubles down on wholesale channel, reduces retail footprint

Housing Wire

” Inside Mortgage Finance (IMF) shows the wholesale channel was responsible for 15% of the first-lien mortgage originations in 2022, compared to the lowest level of 9.8% EPM filed a counterclaim against JIM for breaching the sponsorship contract by changing the car’s driver starting May 2022. each month.

Retail 370
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Need to sell your house fast? Here are 7 great options

Housing Wire

You don’t sell your home to the wholesaler; the contract gets transferred to a buyer the wholesaler finds for you. This means if you’re done with the home but don’t want to displace your tenants, you can sell the property to other investors who want to become instant landlords. Here are the top ways to sell your house fast.

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Investing in Affordable Housing - Part 2 - Accountability to Housing Authority

Eppraisal

In addition, landlords who do so are providing a service to the community. Also noted in part one is the fact that the government interfaces with landlords through the local housing authority. The first item of business is for the landlord to apply with the housing authority to approve one or more units as affordable housing.

Tenants 69
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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

We have considered the acquisition of vacant land, financing that purchase; and complying with legal standards. If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord. Old liens, ambiguous contracts and local government can throw wrenches into the sale.

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Find Deals on Commercial Real Estate in Central Ohio: Top 10 Hustling Tips

The Robert Weiler Company

By March, you’ve already closed out another year of property investments and finances, and it is time to start fresh. Once you’re past tax season, you’ll have a better understanding of your finances, too. Target rental property landlords. For commercial real estate investors, it may seem like a no-brainer.

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Condo vs. Apartment Living: 8 Key Differences

Raleigh Realty

An apartment is a unit in a building that’s rented out by its owner, called a landlord. You might also prefer an apartment — regardless of your finances — if you prefer to move around. Pros: Landlord pays for repairs and upgrades. In a rented apartment, the landlord is usually on the hook for any necessary repairs.

HOA 60