Is it true that if I want to buy a house with cash it must be in a bank account for 2 months before I can purchase the home? (I was told saving it in my mattress won’t do me any good)
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
We have a lender saying we cant use cash as a down payment for a house, and that we would have to distribute the money to family/friends bank accounts then get them to wire the funds to the the lender. I'm not an expe...
What if the Bank make an error and put in over $500,000 into your account by mistake. If I were to use some of that money, exactly what the bank could do about it? Would someone get into big trouble?
Hey BP... I have been flipping and renting for some time and now I'm attracting some private money people (friends that I know) that want to fund deals. Does anyone have any standard agreements they don't mind sharin...
Hello BP,Has anyone had experience with setting up cost-effective LLCs in California? I have two multi-family properties (4+2) that have appreciated to the point where I'm concerned someone might sue me one day and g...
So an East Indian couple who are techies are interested in making an offer on my house but were curious to see if I would be willing to accept part of the payment in cash. For example: If the house is $1,000,000 they ...
My tenant moved out and won't provide a forwarding address as they say they left the country. They are requesting that I go to their bank and give their bank the security deposit to the account number they have provid...
Tenant wants to pay next two years upfront! What would you say to this?If i say yes, How do I even go about proper deductions for tax purposes?The total would be 24,000 on the dot. Paid to me