Rana Kaleel
Buying at an auction
There's an auction coming up this weekend in LA that we are interested in but we have only bought Properties the conventional way and are not familiar with auctions. Besides the logistics of bidding and payment , do y...
Kathy Potter
Hello from Scottsdale, Arizona
Hi everyone! I can't believe I have been in the business so long and never been in a forum before. I have read thru alot of the topics here and am amazed at the wealth of information. I have been missing out!
My name...
Marques J.
New Change to Fannie LLC seasoning.
Wonderful news for those looking to cashout refinance a property seasoned in majority owned LLC.I have owned a property in a single member LLC for over 1.5 years. When I went to refinance I was told the seasoning whil...
Ryan Dossey
Wholesale profits = Down payments?
Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...
Yocheved Beer
having the deposit go directly to seller before closing
Hi all,I was under contract for a house, and all was well untill the sellers lawyer said that the security deposit must be given to the seller and not held in an escrow account. My lawyer told me this is insane becaus...
Curtis Mears
Does lake front rental need a fence
I am buying a lake front property to be used as a long term rental property. Should I install a fence along the lake to avoid people falling in? My thought is to add a clause in the lease expressing the possibility of...
Lily Halstead
Picking between two potential tenants
Hello, first timer across the board. I'm having a hard time picking between two applicants for my unit:Applicant 1 - Is unemployed but has an income source, has good credit, and had a clean background check. Was first...
Thomas Enright
New from the Baltimore/DC Metro Area
Hey everybody, my name is Thomas and I had another account on here and neglected the account and the email for a while and wasn't able to get back into either of them so I'm starting anew. I've been a real estate inve...
Account Closed
What happens to the excess money from Sheriff's sale
Just a general question in regards to sheriff's sales. If a property is sold on sheriff's auction for more than what is owed, what happens to the excess money? Who gets it?
Kevin Hoodwin
Website to Find Private Investors
Good afternoon BP Community,I've been looking everywhere for a website that connects investors with deals. Ideally, somewhere where I could post a deal and other investors from around the country could contact me abo...