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I set up two business checking accounts for my LLC--one for the rents,etc. for the property that will be held by that LLC, and the other for just the security deposit for that property, as my state's law requires. (la...
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If i take over a loan sub2 that has an interest rate of 7.5%, is there a way for me to negotiate with the bank to reduce the rate?
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Does anyone know what are the requirements to use the equity in your home for BRRRR? I own my home free and clear. No liens or anything against the property. Is there a minimum income and work history I have to mainta...
Hey everyone, I'm completely brand new at this and wanted to introduce myself and see if there was anyone in the Philadelphia PA area. Id like to start wholesaling properties. Anyone local or have tips or advice for m...
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Integrity Bank Becomes 10th U.S. Failure This Year
Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming fr...
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Has anyone started a Short Sale using equator recently? I have a file that is in review and BofA is now asking me to upload the file into their new system equator. The only problem is that you have to be an RE agent t...
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I seem to be having a hard time trying to understand how someone can determine the ARV. Is this something you learn through experience?
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So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
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I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
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I am debating if I should change my primary bank but I am still unsure.
Currently, I bank with US Bank. They have a good online system, you can see scanned copies of the front & back for checks and the front &am...