Eric M.
Lenders, do you have borrowers pre-sign DIL?
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
Account Closed
How to vet syndicators
For those of you who invest with syndicators, what is your vetting process? Analyzing a deal seems pretty straightforward to me, vetting a syndicator, not so much.
Account Closed
Using a licensed MLO to originate seller financing loans
There have been several threads here on BP lately about the legality issues when seller financing to consumers. New, apparently stricter federal regs are in place to start 1/2014.
I've posted before that I've been...
Kelly Byrd
Living in CA, investing out of state. Where to form LLC?
I think I have a simple enough situation that I won't require advice from a asset protection lawyer, I'm hoping some of you are in a similar situation and can pass on what you have done.My wife and I live in Californi...
E. Jacobs
Lead Generation Questions
Hi all, I've been scouring the forums nonstop for the past few weeks and I have read every article under the wholesaling category with hopes of starting my own full-time wholesaling business this summer. With that in ...
Emily N.
Can't raise rents, roofs leaking, people not paying rent -YIKES!
Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...
Philip Hy
Are buy and hold's really making money? Big picture question
I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...
Camille Johnson
Obtaining Private Money From Actual Private Lenders?!?!
I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...
Jessica G.
People saying to find "investor friendly realtors" - question
I've seen many times the advice given to find "investor friendly" realtors to help you find properties. I have two that I'm currently working with in two different counties, both investors themselves. The way it has b...
Anthony Palmiotto
Are Lonne Deals Dead - SAFE Act?
Obviously there are plenty of threads discussing the SAFE Act and how they impact Lonnie Deals. I understand that these laws may differ from state to state but my question is a simple one.
I'll make an overly simple ...