Blake Reynolds
10% SEMI-ANNUAL ROI
11 January 2014 | 4 replies
One way would be to sign up for a pro account and advertise here on BP, just make sure you have all your I's dotted and T's crossed first.Andrew
Account Closed
Deal Or No Deal? Need help
11 January 2014 | 10 replies
I've never been able to obtain an insurance policy for less than $600/year on properties in this price range.2.
David Putz
NPN -Owned trying to work with homeowner. Suggestions?
16 January 2014 | 12 replies
It can be seen as causing duress to the borrower by the redundant attempts to obtain a DIL or as an unconscionable advantage to the mortgagee.Clearly you made some attempt at conveying the idea likely by speaking to them.
Hector Perez
How to Eliminate a Judgement on a house
21 August 2022 | 16 replies
The creditor says it was from 1979, but I will leave it alone.We are wholesaling this baby, after 3 months of fixing title issues and getting all the problems out of the way.Thanks again BP for your awesome feedback Hector, in some states, once you obtain a judgement, you can renew it every few years (my state is five years).
Mike Jones
Di I need a Realtor to buy a house from someone I know?
10 January 2014 | 3 replies
This could be an REI-friendly agent, or a seasoned member of your local REI group, but a second opinion may be very useful.Title/escrow companies will make sure the T's are crossed and I's dotted, but will definitely NOT guide you as to the value of the investment.So far as other legal E's are concerned, most competent Real Estate attorneys will be happy to look over your shoulder for $500 if needed, but again, still will not likely be able to counsel you on the true value of the investment.Good luck!
Adam Craig
Vacation home VS rental property
10 January 2014 | 9 replies
I don't know - but it's an IRS issue.I would agree if that if you obtained owner financing, they probably wouldn't include the "no renting" clause.
William R.
Legal question on Denying and applicant
10 August 2019 | 7 replies
You only have to disclose if you deny them based on information obtained solely, or in part, from their consumer credit file.
Chris Adams
Triplex - 19 Cap / 46 COC but.....
11 January 2014 | 5 replies
I'm just wondering how this can burn me at some point.Who gets the T-stat control?
Ericka Payne
Joint Ventures & Private Investors
27 January 2014 | 3 replies
Join some local real estate investment clubs to lean what is happening in your area and gain the necessary exposure necessary to obtain the assistancee you are looking for.
Bryan Hancock
The JOBS Act - How To Verify Investors Are Accredited
14 January 2014 | 47 replies
Provided that the issuer of securities does not otherwise have knowledge that such person is not an accredited investor, the issuer will be deemed to have taken reasonable steps if:with respect to purchasers who are accredited investors based on income, the issuer reviews IRS forms that report revenue (W-2, Form 1099, Schedule K-1 or filed Form 1040) for the last two years and obtains a written representation from such person that he or she has a reasonable expectation of reaching the income level in the current year;with respect to purchasers who are accredited investors based on net worth, the issuer reviews bank statements, brokerage statements, other statements of securities holdings, certificates of deposit and/or tax assessments and appraisal reports issued by third parties in order to verify assets, a consumer report from at least one of the nationwide consumer reporting agencies to verify liabilities and obtains a written representation that all liabilities necessary to make a net worth determination have been disclosed (all information reviewed may not be more than 3 months old);the issuer has obtained a written confirmation from a broker-dealer, a registered investment advisor, a licensed attorney or a CPA that such person has taken reasonable steps to verify that the purchaser is an accredited investor within the prior 3 months and determined that such purchaser is an accredited investor, andfor purchasers who previously purchased securities in an issuer’s Rule 506(b) transaction prior to the effectiveness of Rule 506(c), a certification that such person is an accredited investor.A simple Google search has a bunch of third party verification services.