Hello - Is it possible/legal to sell or somehow transfer a rental I own to a SDIRA? If yes, are there considerations such as* can we sell off-market and for less than market value to SDIRA* Can I self-manage in SDIRA...
As an investor/agent, am I legally able to pay a bird dog a flat fee or a percentage out of my profits ? If it's possible to do so, how would I go about doing that ? Do I need to get a separate contract drawn up? I've...
An escrow officer in the San Diego area told me I don't need an emd to tie up property but I was under the impression that I did. Should I do a low emd or a promissory note for emd? I don't understand
Hi BP Community,I've been lending informally for the past couple of years to family and friends on fix-and-flip deals, and I am now looking to formalize it i order to raise further capital and grow a sizable book. Aft...
When purchasing a property from a wholesaler who says offers encouraged, what percentage of their posted price should I offer?
I spoke with a lawyer in regards to the idea of "wholesaling" properties and his take was to just write an option contract outright rather than create what is essentially an option contract by including an escape clau...
Sorry bp if this isn't the correct forum This actually involves a couple things, I need advice this is driving me crazy. I'm in a position where I'm living off savings so I'm kind of tight with money. I've been thinki...
Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...
I am looking for a wholesaler in Florida that can recommend, or send a downloadable contract that they have successfully used on regular occasions with their wholesale deals. Both seller, and assignment contracts.
How to convince the seller to go into contract with me no money down ?? I need help can any one give me ideas???