Constancia R.
How do you verify that a lender is real?
I got a suggestion for a company called TruFinCo. There's nothing here on BP and no one who I actually know has used them. How does one go about making sure that a company is legit and not just a shell or scam?
Jay Hinrichs
BP community let me know if you think this is a legit lender
I got this in my inbox on BP would you respond to this and think this could be what your looking for in a private lender.???Hello,Have you been searching for a legitimate loan from a private lender with no success?Se...
David Carter
Bid on Multiple Short Sales
I'm planning on taking a trip to Florida for a few days in search of my first investment property. I'm thinking short sales or reo is where I will get the best value, but I heard that the short sale process can take a...
Joel Dicks
Change of Use of a 1031 Exchange Property
Hypothetical: Out-of-town owner has a 3-apartment rental house. Owner's in-town elderly parent requires care so owner moves into 1 of the units to care for the parent. Does this trigger a taxable event by violating th...
J Newman
Loan from 401k when retired
My husband was able to retire fairly young from a government job. He has a 401k, but he is retired. We were thinking about taking a loan from that to put a down payment on investment real estate, but he said that he t...
Kevin Jackson
Hello from Atlanta
I am a 30 year old part time real estate investor who has tried his hand at being a landlord but was unsuccessful at that but will get back into that game in a few years. At the present, my brother and I are trying t...
George P.
Record a lien to make the equity dissapear
it was suggested by Al Aiello to create a lien on the rental property to make it appear that there is no equity. I believe using my own LLC is acceptable.
Wanted to see if anyone has ever done it.
thanks
Patrick Schmidtlein
Cash Out Refinance in LLC with Private Money Lender - Can I draw my equity out
I purchased a single family property in cash last year and am considering a cash out refinance. I have a private lender that is showing me a 30 year fixed product that would cash out 75% of the property value. If I c...
Yan Sully
Renter background check
Good morning BP investors,How do you do background check and credit check for the renter? My renter mentioned to me that he might want to move out in the next few month if this going well between him and his gf. I tho...
Tatum F.
Ben Leybovich Podcast
Just an FYI for all of us beginners. Ben Leybovich released part one of a three part podcast series on How to Purchase and Profit from Real Estate.