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26 April 2024 | 5 replies
I looking for any personal experinaces you are willing to share with me the good and the bad not wanting to look at this investment through rose colored glasses.
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26 April 2024 | 1 reply
My son lives in Davis County and has his own personal window company and 12 houses worth $500,000 in great neighborhoods.
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25 April 2024 | 1 reply
Stay skeptical.Herzliche Grüße,-Andreas* The preceding has been my opinion only, the views are my own, and are intended for educational and entertainment purposes only and does not constitute financial advice.
26 April 2024 | 1 reply
Hi BP Community - does anyone have attorney recommendations that can assist (or prior personal experience) in Wyoming with self-directed IRA LLC formation?
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23 April 2024 | 1 reply
Myself, significant other, and my close friend/business partner have been renovating his personal residence for the past few months with the intention of renting it soon.
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25 April 2024 | 24 replies
And, if you find that person on the right day, you can make a deal that works for both.
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26 April 2024 | 2 replies
Seller is hesitant to do seller financing as he is 71 years old, and a personal loan isn’t an option because I’m buying real estate Please help
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26 April 2024 | 23 replies
The guy was a television personality that knows how to sell.
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26 April 2024 | 4 replies
To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.
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22 April 2024 | 6 replies
I would like to find a lender who can approve me based on the property and what it will bring in monthly as a rental rather than on my personal finance and credit.