Tyler Divine
How to structure cash/sweat equity?
I would love some feedback from those who have structured cash/sweat equity deals. The scenario is as follows:2 parties involved with the ability to contribute 50% of the cash each. One of the parties has found the de...
Tyler Herman
Closing on Land in NC
Looking to do land deals in North Carolina and am having trouble finding information that is specific to empty land and not buying a home. Do I have to have a closing attorney? I've read yes but NC doesn't show up on...
Kody Broussard
Family Members Using IRA for My Syndicate
Hello BP,I am raising money for a multi-family deal and I am wanting to get some close family members involved such as my grandfather and dad. The syndication will more than likely consist of 10 investors. I have hear...
Brandon Franklin
Do you really need to pay earnest money or can you assign the contract without it?
I have a few questions about wholesaling scenarios. So let's say I have a deal in the works but I don't have the earnest money deposit needed to secure the contract. It's a rental property (duplex) with tenants in ...
Chris Mora
Newbie question - How common is it to sign an NCND Non-circumventing non-disclosure agreement?
Hi Everyone! Potential newbie question here.A BP user was advertising REO properties in Florida. When I reached out to them they sent me a 3 page NCND non-ciscumventing non-disclosure agreement to be able to share the...
Jeff Bowman
Encroachment agreement question
Hi all,my parents own a mountain home in North Carolina. Several years ago when a new survey was done on their property and the property next door, it was revealed that my parents propane gas tank (which was already i...
Nicholas Lilly
Mitigate Risks & Maximize Profits with Expert Due Diligence
Every business faces a critical decision-making period when deciding whether to accept or go ahead with a business deal. This is where expert due diligence comes in, so as to avoid gambling away your business.
Expert...
Dock Newell Jr
First Short-term Rental
Investment Info:
Townhouse private money loan investment.
Purchase price: $160,000
Cash invested: $42,000
I started my journey to purchase Tiki Dr for my Airbnb property by searching for the perfect ...
Russ Sandifer
IRA LLC as owner in MMLLC | % Ownership | Taxes | IRS Rules
I have a duplex rental under contract. I plan to close in two weeks. I am set to purchase the duplex outright with my SDIRA. My current custodian is prepared to wire the funds. If time allows, I'd like to create a Che...
Jennifer Cropper
Homeowners payout and contractor
I have water damage to my home and my homeowners insurance was involved immediately. I used a mitigation company with a good reputation I chose and the insurance company accepted. Their remodeling arm put in an estima...