Mete G.
Can I be a loan guarantor for my wife's LLC?
Hello everybody, For tax purposes, we are planning to make our investments under a new LLC that my wife will be the sole owner. She doesnt have any W2 income so this will be her only source of income / primary income....
John Smith
Buy land, install house
I'm in a HCOL area. There is affordable land in the hills around. There are a variety of tiny homes / kits I can buy. Clearly I will need to see what it takes in this area to get a tiny home permitted and moved in and...
Bill Newport
REO's Not Listed on the MLS
This is probably a dumb question, but will banks accept offers on REO's not listed on the MLS? If so, how would I go about making an offer? If not, I apologize in advance.. Thank you...
Shane X.
Bank approved and offer accepted,BUT.
Hello everyone!I've been a long-time lurker on these forums and haven't been on here for a long time, it's great to be back!So, I'm in Europe visiting family and the market is booming in my home land. I got approved b...
Cyrus W.
Getting Offer Accepted Directly Through Bank
An client put an offer on a short sale that was initially accepted by the bank but the bank instead took the property through foreclosure (auction last week), and now the property is an unlisted REO as it did not sell...
Tim Serpe
Short Sale Bank Acceptance Letter Help!
Hey BP Nation!I am looking to jump back into the pool for Shorts Sales and need some help.Can anyone share any Bank Acceptance Letters they have received recently, so that I have an idea of what type of agreements ban...
Amine E.
Bank not accepting insurance under LLC
I moved four properties to an LLC from my personal name. Bank sent me a letter and said that they have purchased insurance coverage for all four properties because my insurance under the LLC is not acceptable. Said th...
John DiCanio
short sale assesment help
I have been recently getting involved in SS many people are saying most banks take a 30% off of what the balance is. then there are people saying that there is a mathmatical equation that works every time. putting tog...
NA Jones
Highest and best! What would you do?
Hello BP nation! I will go ahead and search old posts for similar threads, but I did want to put this out there for opinions and advice..The hubs and I are interested in purchasing a fixer upper Freddie Mac as owner ...
Alfonso Velazquez
Shortsale help!
hey guys. I checked out a house that is in shortsale, i worked the numbers and found a point on which i believe it would be profitable to me. However i felt as a first flip it maybe a lot of work to take on. So i told...