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buying from wholsaler...what's the process?
Hey everyone,
I am looking to purchase a rehab property from a wholesaler, and looking for information on the buying process. Can someone explain step by step how to purchase from a wholesaler and what to look out f...
Alex Ng
Using private money for Creative financing deals
Subto has entry fees. I would like to use private lenders to cover these fees so I can scale higher. I know they can enter second lien position. However, how would it be structured? Would I pay the lender off over tim...
Matt Taschner
Seller behind on payments, looking for deal structure help
I have a seller that is currently behind on payments to the tune of $11,000. The mortgage owed is $170k, the property needs 30k in repairs and the ARV is $270k. I have the funds to get them caught up on late payment...
Sino U.
Where to search for out of state for newbie.
Hi BP Community,
I’m excited to join and start my journey in real estate investing. I’ve been reading Brandon Turner’s book on the subject and am nearing the end. Eager to begin, I have a few questions and would appr...
Moe Salem
what is the best way to open an Llc as a real estate investor
Hello everyone. I just started talking to a homeowner about purchasing her home and what would be the best price if I get her Cash for her home.If I want this unit to be a whole sale unit, what would be the next step ...
Jackson Pollack
LLC vs. S Corp with $10 million in profit
I know there's a lot of information out there about the differences of S Corp vs. LLC vs. C Corp, but I have a specific hypothetical scenario that I would like to seek others' opinion on as to which entity type would ...
Daria B.
Seller on deed but several other names on mortgage
Hi,My thoughts here are that the deed is what matters most...but I'm not sure.The seller is on the mortgage with several other names of the same last name (family) when originally purchased property in 2009.However, w...
Carlos Martinez
Los Angeles RSO airbnb
is it possible to airbnb a room in an RSO unit in Los Angeles city? I own a triplex and currently living in the owner occupied unit. Is it possible to airbnb a separate room??THANKS!
Melissa Faraias
Contractor forms to sign
Hello,I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the con...
Curtis Mears
Can I Loan Money to Father in Law under Dodd Frank Rules
I had asked this before, but did not have the supporting links, so I am asking again with reference. My father in Law would like to burrow money so he can buy a new house. I would provide a bridge loan secured by the ...