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20 January 2025 | 7 replies
However, when seeking a non-recourse lender, I suggest starting by reaching out to lenders who specialize in working with self-directed IRAs, as they’re more likely to understand the requirements.
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21 February 2025 | 9 replies
While not my main area of practice I represented a Brooklyn credit union lender, some buyers/sellers and a few landlords in real estate transactions and rent arrears cases.While we had successes and some failures along the way I ultimately concluded that I wanted to do something different with my life and cashed out of the business.
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21 January 2025 | 8 replies
Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.
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22 January 2025 | 1 reply
If you're using traditional financing on your primary residence, they're going to do another credit check on you just before closing.
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28 January 2025 | 8 replies
So, you can do a land contract for 12 months, which should allow lender to credit you full value of the land vs the purchase price, but the loan will pay off the land contract, so the lender maintains first lien position.Can't help you with the rest of your question, but you should be able to search for "CPA" here on BP to find experts to reach out to.
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20 February 2025 | 21 replies
Rent Redi or many other apps can screen tenants including criminal, eviction, and income verification along with credit checks.
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15 January 2025 | 4 replies
Quote from @Account Closed: Honestly have no clue, but my guess would be contact a lawyer who specializes in real estate.I am also trying to get a hold of other wholesalers in my area and real estate agents.
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29 January 2025 | 10 replies
Prepare financially by saving for down payments, improving your credit score, and setting aside emergency reserves.
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26 January 2025 | 3 replies
Since I'm a new immigrant with no credit score, a DSCR with 30-35% down payment is my only option, so the 50K need to include that down payment alongside all other costs (closing, rehab, etc).
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19 January 2025 | 42 replies
Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.