Vicki Gleitz
Need Advise Please!
You all helped me last year in assisting my disabled son to purchase his first home. You helped through the purchase, the rehab, and the renting of it.My husbands health issues [as well as my own] has forced an earlie...
Albert Ng
Which tenant would you pick?
I have just finished remodeling a SFH rental property in San Jose area. My goal is to rent it out long term. I have 2 top prospective tenants (the rest are screened out).#1: Section 8 tenant approved for 5 rooms. Mex...
Olga Daisel
Urgent help with financing questions needed
Folks, I am desperate, ok, almost desperate. 2 months ago I went under contract that is not contingent of financing. I told the seller I will pull mortgage. Now... you know what happen during those 2 months, the marke...
Clayton Bradley
Changing ownership of an LLC
Hi everyone,I was wondering if anyone had any insight into a question I had about changing the ownership percentages of an LLC. I have two partners, and we each own 1/3 of an LLC, through which we purchased a single ...
Account Closed
Can a real estate agent wholesale a property and list it? (NJ)
Hello,I’m wondering if it is legal for a licensed real estate agent to get a property under contract as an investor then list it on the MLS (offering a 3% commission) and assign the contract to someone else essentiall...
Richard Boughton
Down payment Strategies
Good Morning,
My name is Rich Boughton and I live in Wilmington, NC and am new to real estate investing and have not yet done a deal. My strategy for a first house would be a buy and hold for long term wealth gener...
Philip Tuazon
Would a Facebook post saying “who wants in?” Be soliciting for $?
Would a Facebook post saying “who has some money to burn and wants in with me on this $3.2M property?” Even in jest (no link to the property even posted) constitute soliciting money and be illegal? Sorry if a dumb que...
Mark Rogers
Arkansas Real Estate Commission views on wholesaling in Arkansas
The Arkansas Real Estate Commission (AREC) discussed real estate investing and unlicensed real estate activity at its monthly meeting this morning. AREC expressed a desire to protect unsavvy, sometimes desperate sell...
Karen Ellis
Variances and Illegal Splits
We are considering making an offer on a bank owned property in Michigan, but there are potential issues. The lot is approximately 8 inches short of the minimum lot width requirements. In addition, the edge of the ho...
Kathrina Briones
FHA Loan for Duplex with illegal unit near Chicago
Hey BP! Real estate rookie here posting for the first time! I have 2 questions for you:
1. I'm about to put in my very first offer on my first property! But I'm looking for insight on something that came up. The pr...