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Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
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I’ve heard some wholesalers doing the following:
- Submitting a comprehensive list of interior pictures, exterior pictures- Submitting pictures of all the things wrong, that needs fixing, or updating, with a descrip...
Hi everyone,I've searched the archives but can't find an answer to what seems would be a common item - For residential leases where you have an LLC that owns the property and another LLC that manages that property, t...
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Hi beautiful BP community, I have a concern and I was wondering if someone can help and direct me in the right path. Basically I’m 23, an international student on my last year of college. I was able during the last 2 ...
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I called a bank mentioned on BP that supposedly does portfolio loans for flipping. I said, "i'm interested in getting a loan for house flipping and mentioned that i'm a first time flipper." The call was over before ...
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I’m buying a condo using funds in my self directed IRA LLC’s account at Wells Fargo. I’m using a hard money lender to finance the deal. My operating agreement for the SDIRA clearly states my name as the manager of the...
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I'm retiring soon and thinking about starting a part time real estate career. Since I will have (social security salary restrictions) how does the industry work when it comes to minimum required hours? Can you turn do...
I am about to fly to Florida to look at 3 mobile home parks. This will be my first purchase of a mobile home park. One park has 18 units and is on the shore of a lake has a possibility to add a small Marina. Has anyon...
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I am relatively new to Real Estate investing. I had a good friend who's mother past away and acquired her home. He approached me about relieving him of it knowing what I do. Upon inspection this house needs around $60...
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Hello BP community,New investor here looking to find my first multi-family to house hack! My intentions are to use the VA home loan for my first investment. First off, I am still uncertain of the required time that I ...