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Results (614)
Ryan B. Why a business line of credit?
3 August 2011 | 8 replies

Forgive my ignorance, but I just want to make sure I am thinking correctly.

I have a home equity line of credit that is open and I can draw cash from whenever I want, is a business line of credit along the same theor...

Matthew Flores Matt from central NJ ready to learn and earn
28 October 2016 | 9 replies

Hi BP fam!I'm Matt and I've been a member of the BP community for over a year, but never been involved in posting. I'm from Central New Jersey (732) and will finally be getting my feet wet into real estate. My goal is...

Tyler Silver 4 Basic Wholesaling Questions
8 September 2014 | 6 replies

Hi I am new to wholesaling and have been having trouble finding the answers to these questions.1.   For both an assignment and double closing, is there anything to protect you from having to buy the property if you ca...

Preston Hamilton New stipulation on Countrywide Approval
27 March 2009 | 37 replies

Line # 10 basically states the home may not be transferred or sold for 30 days. Escrow are to add this verbiage to the closing instructions and must notify Countrywide if this does indeed happen.

That kinda sucks. ...

Brian Garrett Problems collecting on a loan
30 August 2022 | 16 replies

Long story (which I'll try to make it short), but we did what we "thought" was going to be a hard money loan for a fix/flip.  Did what we thought was diligent research on the individual and company. They had a good hi...

Martin CS This BOTHERS me STILL
6 March 2012 | 18 replies

I know in this business you are supposed to be thick skinned but you are also human sometimes. I have been in this business for about 3 years so maybe I should be over it but sometimes I still get the feeling like I a...

Cal C. How my 5-7 year plan went to .... Why not to count on appreciation. Response to podcast 103
8 January 2015 | 82 replies

I was just listening to Elizabeth Colegrove on podcast 103.  She is obviously a very bright investor who is currently doing what I call the W.E.B. Griffin RE investing strategy.  Basically, buying a house at every dut...

Eli C. When does forming a multimember LLC count as a security transaction
1 April 2013 | 33 replies

I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.

- There would be less then 35 members. Probab...

Lesley J. 2nd Appraisal Request
24 September 2010 | 12 replies

I'm in the process of refinancing a hard money loan. I bought a nice property, fixed it up and it is now rented on a 12 month lease. So far so good.

the original appraisal was for 90K, and I borrowed 50K. The...