Jerome Harrod II
Junker with violation?
Starting from the top. Now during my hunt for Junkers, I came across a house in relatively good shape in my own neighborhood. A pretty house, It just had overgrown grass and weeds in front and back, broken wooden fenc...
Ethan Dugan
Subject-To with down payment : working with a wholesaler
Hello BP!I am a newer agent and investor and I am working with a local wholesaler in the Toledo market and there is a deal that can be taken subject-to the existing loan with the sellers requesting 9K up front. The wh...
Frank Klarich
Adequate reserves in post-COVID world...
https://komonews.com/news/coronavirus/under-covid-some-landlords-of-limited-means-worse-off-than-their-tenants
The article above got me to thinking about whether or not we need to re-think what an adequate amount of ...
Drew Triplett
Getting a loan at 18
I am currently 17 and want to begin investing in real estate when I am 18. I currently do not have a W2 job but am talking with possible private lenders who seem to be on board with funding a deal when the time comes....
Vikki Waln
C-corp /share issuance questions /asset protection
We just created a C corp for the purpose of wholesaling, and I'm a bit confused about the issuance of shares. Upon creation we authorized 100 shares at no par value. We figured (soon) we would determine a value and ma...
Troy Dixon
New landlord in Watts Los Angeles
Hi all, I'm looking for landlord advice for section 8 in Los Angeles, specifical Watts Los Angeles area, I've used section 8 in the past but its been 10 yrs ago, want to know what should I expect and the pros and cons...
Sameerah Baker
Rental Property and LLC question
Hello. We have a SFR that we are in the process of acquiring from a family member who is no longer interested in being an out of state landlord. We have been managing it for several month now and we in the process of ...
Nicholas Lawson
ASSUMING A DECEDENT’S VA LOAN THROUGH (ADULT) CHILD BENEFICIARY.
BP community – Hello, this is my first post.I currently have a prospective deal on a SFH financed with a VA loan in the Coachella Valley of Southern California. The deceased was a veteran who had placed the property i...
Cheri Lange
Policy to Monitor and Eradicate Money Laundering in US?
Can anyone tell me if this is accurate and or common?"When your loan has been approved and your information is taken to the bank for the transfer, you will be responsible for paying the Attorney Bank Documentation ...
Brianna Salas
Appraisal Question regarding low income comps
Question for appraisers or anyone who has knowledge on this type of situation:
We purchased a home at a trustee sale and learned after there was a Housing Authority Restriction. It essentially stated that the home wa...