All Forum Posts by: Carlos Powell

Hello BP,

I've been looking for an attorney to set up an asset protection plan and structure a LLC. I really want to make sure everything I do is legal. I was wondering what is at a ballpark figure of getting this done with a REA?

I'm looking for an Attorney to help structure my wholesaling business for the best asset protection. I am located in the Stockton ,CA. I also need to discuss seller financing and lease option laws in the State of California.

@Terry Lewis 

Does every lender have an acceleration clause? And also so the note carrier is the only one to be able to refinance the property?

ok say a seller is willing to play the bank and they owner finance the house. after the house is in my name can I then refinance the house to get the equity out the house? And if so does the same process work if you do a subject to and take over a payment? I'm guessing for the second scenario you can't test the loan because I'm just taking over the payments. Any help would be appreciated?

Hey Bp, 

I was wondering if it possible to buy a house using private /hard money to get a property at a discount then resell or refinance the property to pay off the loan? I am looking for a house to buy to live in and wanted to know if this strategy would work.

Thank you everyone.

The property that I saw had a fire on the porch so the roof above the porch is severely burned in one spot. Inside the house didn't suffer any damages.

What do you think about dealing with houses with fire damage?

Thank you.

[email protected]

Do you loan to newer businesses as well? 

Can you send me more information?

Thank you guys for the advice. I don't intend it to be the main source of my deals but if i came across a good deal that specifically fit my buyers quailifications, talk them down with equity like Patrick said and send it to them?