Morgan Gutierrez
legal timeline for updating investors
Is there a legal timeline to update current investors about a significant change in the investment?What are the legal requirements for updating the investment information/pitch deck for new investors?I am no longer wo...
Jason Hodge
WHOLESALE: What are the first steps?
Hey guys, I'm just starting out in Whole Sale, and I have so many questions. I've already read a few books, listened to podcasts, watched videos, and I've just gathered so much information. I'm trying to figure out th...
Savannah Irwin
Buying on and refinancing another on the same day
Hello all, on a recent BP Real Estate podcast Scott McGillivray said as a young investor there were 10 different banks that were all willing to give him 1 loan, so he closed on 10 houses (getting 1 loan with each of t...
Account Closed
Self Employed Certification
I was told by a mortgage person to get a license or certification to tell that I am self employed to get a second line mortgage. I dont want to do anything illegal. Is this illegal?
I dont have enough income coming i...
Tim Coppola
Hydro jetting as preventative maintenance
Hello everybody,I was wondering if anyone has every hydro jetted a main sewer line as preventative maintenance. I just had a sewer backup scare in my rental property that has me thinking maybe it would be worth it to ...
Jordan Gerkin
Buying 2-Flat w/ Not Legal Finished Basement
Hey All! Curious if anyone has insight or experience with buying a 2-Flat property in Chicago with a finished basement that is not technically a legal unit. My plan would be to live in the basement unit and rent out t...
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Need Help to Double Close Bank Reo.
I have a property that is a forclosure under contract. The selling bank won't allow us to move the title. The agent stated that the seller wants their own title company to do all of the title work. The realtor did sta...
Stephanie Smith
MN - how to remove unwanted holdover tenant with covid restrictio
I just purchased a property June 1, 2021. The leases that were signed by tenants and previous owner clearly states they accept that their lease ends when the building is sold and that they will be required to leave th...
Jason Grote
Double closings in Texas?
After reading a blog post here on BP about double closings, I was inspired to attempt a double closing on a wholesale deal. My title company informed me that here in Texas the amount of the B to C closing will be rev...
Richard Dull
Can you split a duplex and sell individually in Aurora, CO?
I have not tackled this in Aurora as of yet. I have an off-market lead for a large duplex in Aurora, CO. Mix: 4bd/2ba & 5bd/2ba. This seems like a good opportunity to split these into two units and sell individual...