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Results (10000)
Maurice Whittle Payment security
12 August 2014 | 4 replies

Good evening, I was contacted by a potential lender. Being that i'm new to getting funding for my deal I was told that my loan was approved and all I had to do to get it deposited was pay a fee of $250 for security of...

Jeff Weaver Security deposit’s on 1031 sale
25 October 2017 | 4 replies

Selling small MF on a 1031, my question is on the security deposits.

In the past when I’ve purchased property the security deposit came out of the seller proceeds, does that work the same when I’m the seller and the...

Gamal R. Online applications and services you use.
5 February 2010 | 1 reply

Hello,

I have always had my applicants fill out a personal information application with all the usual questions and info. I'm starting up my property management business and have been using Google online Docs. I have...

Vania Castillo The holder of a note died!
6 April 2021 | 19 replies

Hello BP member!
I issued a secure note to a LLC of a sole member, he unfortunately died this week.  The note is backed up by a property and is a commercial note due to mature on October 18, 2020. 
I'm not expecting...

Eric D. Tenant unhappy about not getting deposit back
4 December 2013 | 28 replies

Hello,

I had my home rented out for about a year and a half, the Tenant signed the lease agreement in may of 12, the lease reverts to month by month after 1 year is up.

Anyway, she did not give me prope...

Madeline J. Bank statement mortgage loan rates
24 March 2020 | 1 reply

Hello! I have a private medical practice/recently quit my W2 job. I would be a really really awesome borrower (very secure work, very good credit, 0 debt) but don't qualify for a mortgage because my business has been ...

Sonia Spangenberg PPM's
26 September 2014 | 7 replies

Does anyone have guidance on wording for a PPM.  I already feel comfortable with presenting the deal analysis reports but would like to have a PPM statement as to risks to attach to those.  Could someone share an exam...

Dennis M. Williams Newbie from Florence, SC
9 April 2018 | 1 reply

Good morning all. My name is Dennis Williams and I've been around here for a few months just soaking up info through the podcasts and books. A little about myself, I'm currently in the Army, I work as a security offic...

Daniel Kong Buying a house this month, take possession next year??
4 May 2019 | 1 reply

I'm attempting to purchase a property with a tenant already in place. The plan is to purchase the property this month. However, the purchase agreement that my agent wrote up has "The possession of the Property shall b...

Dillon Kreider Trying to close on a carwash w RE
9 May 2022 | 2 replies

I'm trying to buy a carwash in 1.75 acres busy intersection, in business since 2002 , revenues of 580k and nets 350k semi absentee. Asking 1.5 willing to comeback 850k w 650k down. I'd love to find a private lender or...