Khadijah Celestine
Can I wholesale to myself?
If I have a company "ABC Investing Corp" that only my father and I are partners in, can I, Khadijah assign a contract to "ABC Investing Corp" for a wholesale fee?Also, lets say Khadijah gets a contract to purchase 123...
Joe Smith
strucuring entities
OK - I have an idea here and want some feedback.
Say my wife and I create a "parent" company, or holding company, a 2-member, 50/50 LLC. Let's call it "Joe's Rentals, LLC" for the sake of this post.
Now, say I buy ...
Jason Crowe
Experience Mortgage Broker or Officer
Where are the experience mortgage officers that know transfer ownership for investors and rules guiding transfer personal to llc. I had to educate one that this was allowed to transfer per fannie mae new guidelines t...
John Rovin
Secondary Lien Same date same lender foreclosure auction Title Q
Hi I am checking the documents of a property which is in foreclosure.It has below deed of trusts:1. ABC Bank (FirstLien Deed Of Trust) $100,000 Date: 1/1/20002. ABC Bank (Purchase Money\Second Lien Deed Of Trust) $30,...
Mike S.
Past Sales Documents from County on Specific Property
I'm interested in a triplex and in an effort to get as educated as I can on it I went and looked at the county website for the document history on the property. I found two documents that stand out to me but I'm unsu...
Jack Yu
JV with experienced investor what would you do?
Hi BP members, I'm planning to JV a fix&flip deal with a experienced investor, below are the 3 options he is proposing..I'm looking for advice if you are in my shoe, which option you will do without hesitation. Pu...
Account Closed
WEAK, UNRESPONSIVE LENDERS AND HOW TO DEAL WITH THEM
Due to the Dodd Frank Act (Google search: Repeal Dodd Frank), which is to blame for the current over-regulated mortgage market, many lenders have had to resort to basing part of their LOs (loan originators) compensat...
Rodney Wright
Loan from a private lender
#1 The proposed loan amount shall be up to 130,000#2 The proposed transaction will have a down payment of 41,250#3 The proposed loan Loan-to-Value (LTV) shall not exceed 80%#4 The proposed loan term shall be 5 year...
Felix Stone
Best way to bring a friend as investor on an upcoming deal?
Hi - Me and my partner(Tom) have been investing together for some time. We started a new ABC LLC with a common friend(John) and got a deal under contract due on financing(75% LTV). Come to find out lenders had a probl...
Henry Peñate
Investor friendly content
My wife and I our a few days from closing on our 2nd property and renting out our primary. We also plan on taking out an equity loan on our current primary to invest in a multi family in the near future. We’ve read Ri...