Douglas Vogel
SEC securities Property Liens
Hey guys,I was curious, if you have an investor willing to lend money on an asset and take a second position lien, is that considered a security by the SEC? Or are you within your the laws to give a lien in return for...
Barbara Sheppard
My rights as a silent partner
The role of the silent partner is primarily providing capital for funding a deal. Does the silent partner have any other rights in the deal? For example, if the deal is experiencing "challenges" (i.e. management, fi...
Jack Khorr
Short sale New York/ Nassau county
Trying the short sale a property, owner / father passed away. Found the kids and wen into contract. All of a sudden we saw the property on MLS in New York/ Nassau county listed by the agent for sell and now found out ...
Dale Hunsucker
Immediate Notification of Homes being “PULLED” or Taken off that Month's Foreclosure List after the Posting Deadline
I am a new residential foreclosure investor, along with my brother and father. We stay away from the property tax auctions for now. We have pulled our money together and go to the county court house the first Tuesday ...
Vernon Trice III
Paying Interest Only Loan off Early
When obtaining an interest only commercial real estate loan, why are there penalties associated with paying the debt off early? What are the pros and cons of both sides and why would anyone do it ? Or not do it for th...
Kenny Banuelos
Do people do this with their first house hack?
Is it a good idea to form an LLC to buy your first house hack?If so what are the advantages and disadvantages?What are some things that you can write off?Any feedback helps, Thank you BP fam!!
Curtis Cheshire
My Personal Introduction!
Good afternoon, everyone!My name is Curtis and I am extremely excited to start my real estate investing career! I'm 30 years old and I'm from the Chicago south suburbs. For the last 10 years, I have worked as an IBEW ...
Tish Thorpe
Newbie Wholesaler - RE Investor vs Marketer
Hi all,
I'm fairly new to this website and to real estate investing/marketing in general. I've spent a good amount of time pouring through this site and other manuals, seminars, and mentor trainings. I'd li...
Ying B.
Approve or Deny? Expenses > Income but meet Gross 3X of Rent
I have a listing priced at $2450 (4 BR, 2.5 bath).
I am currently focusing on 1 applicant who makes ~100K in her current job for 25 years, excellent rental references for past 9 years but my rent is $800 more than he...
Juan S.
Structuring a Deal With a Current Mortgage
Need advise on this one BP.. I know a homeowner who has owned his home since 1996 and currently renting it to a tenant, he is close with the family my brother married his daughter. He originally purchased the home for...