Hey guys,I've been trying to research this on the web without much luck ... and then I remembered that there's this site called BP that I'm a member of!I'm trying to learn more about the process of working with builde...
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
Greetings BiggerPockets extraordinaires', My name is Mike and I have been referred to this website by a friend. Never heard of BiggerPockets until just a few days ago.I'm aged 27, 28 in November, and am a four year co...
I’m looking for a bank that offers a HELOC on an investment property. I did a little research and consensus says to check more local banks. I found one that does, but now they are saying they must be the 1st lienholde...
What Is a Dual Agent?Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as ...
Let's say I was looking at a house FSBO and wanted to be represented. Does the agent contact the owner and just say "Hey...I'm representing ____. I'm going to need 3% of your sale price, sign here."
Obviously phrasi...
Hi there, I was wondering if someone could explain Agency as it relates to NC law and how it works.
Currently shopping for a SFR in the Burbank/Valley Village/Studio City area.Desired property: 3 bd, 2 ba, max $1.1M. (move in ready, but not renovated)Any suggestions on strategies for increasing offer acceptance?Curr...
Do most investors use real estate agents when locating property to buy?
(Background: I am planning to buy some properties for lease options - and want to know if I should avoid working w/ agents....
Happy Monday BP!I've been working with a seller that is trying to sell 3 houses that are part of his father's estate. The IRS has a lien against his father's estate in the amount of $330k, and I have a contract with t...