Discussion
Two small houses, both owned in my own name, both with conventional loans on them. Attorney quoted $1,900 for the whole package: form the LLC, operating agreement, two deeds, plus…
Discussion
The attorney's website says $350 an hour, then further down it says "flat fee packages from $750," and when I called about a boundary question on a lot I'm looking at, the paraleg…
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18 acres, under contract with a due diligence extension I paid $8,000 for. Asked for a rezone to allow attached product at roughly 6 units an acre. Denied 4 to 3 after a hearing w…
Discussion
My coordination business touches maybe 14 non-financed entity purchases a year, and since the residential reporting rule came in every party at the table has decided it's someone…
Discussion
I've been reading through the paperwork on a 30-unit single-asset raise a sponsor is putting together, mostly to understand who does what on a deal like that. Securities counsel c…
Discussion
Duplex, seller's payoff is about $142,000 on a 3.25% note, asking $205,000, willing to carry the difference on a wrap so the underlying loan stays in place. I've been on the tools…
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I've been reading closing documents for fun before I buy anything, and the same transaction seems to describe the same function three ways. The commitment comes from a title insur…
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A guy I did some framing work for years back is now wholesaling and he told me his attorney does his assignment paperwork for $500 flat, whatever the deal size. He made it sound l…
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Eleven units, two states, and I've been running leases off a template pack I paid $199 for. A drafting tool now spits out addenda that read better than what I was writing myself,…
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40 acres, contract price $128,000, mostly wooded with about 6 tillable acres. Title commitment came back with two things I don't like. First, a deed out of an estate in 1978 with…