When working on a 'double closing' deal, how legal it is to sign the contract (with your buyer) for the property that you do not own yet?
I understand this is the only way to do the double closing, and maybe I am jus...
Are there any draw backs to being a license real estate agent in NY and venturing into REI? Would it make it illegal in any capacity to wholesale, flip, or invest in any way?Thanks in advance!
What sort of terms are you guys offering when borrowing private money for a flip? Taking the money on as an equity partner in the project. Any insight would be appreciated!
Hi All - This is my first time posting on BP. What a great community! I am investing in my second single family property with a partner. This deal (in contract now) happens to be in Austin, Texas, but we are also l...
Hello everyone, I just made an offer for a property in SC and the seller's agent sent me the contract with a termination clause that seems a bit accessive. I'm curious to know if this is typical. $1000 termination cla...
I'm trying to buy a Homepath home. Currently under contract and when we did a title search we found out there is an IRS right to redemption on the property which expires on the 21st.I've done some research and it appe...
I've been reading several posts about where to look for deals and understand the MLS is probably not a great source. I believe I heard something called pocket listings on one of the podcase episodes last week. What ...
If I make a loan through my SDIRA to an LLC for a fix and flip, can I also make a loan to the same LLC using my private funds? Or is that not allowed? The LLC would manage the whole rehab. I would have no involvement ...
Hey BP!This is my first post but I've been lurking/reading for a while now. I'm grateful to have a such a great community to work with.Here is my question(s) - I'm working with a guy who has a contract on a good fix/...
Hi folks. I have an SFR on a 1year lease which was executed by an unmarried couple (both folks are on the lease and either could have carried the lease by them self).One party is moving out and the other person is wil...