Zehua Zhou
How to handle the tax forms from the property manager and the bank?
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...
James Adams
Closing Costs Paid By The Buyer, I Get That, But....
I know the closing costs are paid for by the buyer and I understand that. But in a wholesale deal where the seller, the first buyer (me), and my buyer (third party) are all at the closing table, can the price of closi...
Terence Stamp
States that allow self closing
I am trying to research which states allow a self close. The specific niche I am investigating is vacant land. I came across two websites which tackle the topic, but they provide more detail than perhaps is necessary....
Josh Williams
Asking for help with Strategy.
We currently own our first home, purchased at 108k and paid down to 101k after 4 years. It has appraised close to 150k. I am currently using a VA loan and have disability exempting from funding fees. I am constantly b...
Brian Adams
Fake Paystub Generator...didn't realize this was a "thing"
I recently became aware of this and wanted to pass along.My third party property management company shared with me that there are companies that provide "fake" pay stubs. We use the pay stubs to verify the prospects i...
Devin Wilkinson
License requirements in regard to managing properties.
I am just beginning my real estate investing career and have a few questions.I am a big fan of vertical integration where I control every part of the business from rehab to management. Recently I read where to be a pr...
Bob Malecki
Any recommendations for first lien monitoring service?
Our Notable Capital fund has acquired mostly 2nd position NPLs with performing firsts and we are looking for a 3rd party service/resource with which we can engage to monitor the first position debt for default over 60...
Josh Klauber
Third Party Management - MHP
Hi BPWould be greatly appreciated for some feedback/recommendations on using a third party management company for MHP. Ive heard some mixed reviews but the concept is appealing to me given my time constraints and lac...
Matt Stowe
Seeking fee advice on freddie mac sbl program
Hello,I am looking at a 32 unit apartment complex priced at $2.5M. I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a ...
Daron Williams
Do i need an EIN just starting out
So for the last 3 months i have been Investing in buying tax resale (stuck off) and wholesaling in texas.. i have purchased 2 lots that i have listed on the MLS and now i have my secoñd contract to go in escrow with b...