Seldon Rios
Real Estate Investor mentor tells me it's illegal to wholesale
Hello everyone!I have recently been in contact with a local real estate investor who's been investing for over 25 years. He agreed to take me in as an apprentice. I asked him that I would like to get into real estate ...
Evan Jarvis
Contractor License for Flippers in VA
If a firm is engaged in rehab and resale of residential properties in Virginia and performs the work using it's own employees instead of employing a third-party GC, is that firm required to maintain a contractor's lic...
Lawrence S.
Does it Qualify as Installment Sale If Another Prop. Mortgaged
Instead of doing a 1031 exchange can I carry back financing on two properties (the property for sale and another property)----or will the IRS somehow think that involving another property does NOT somehow qualify as a...
George P.
Inquiry - input needed (discounted note)
Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...
Jonas Grant
Residential lenders that will lend in first position @ 100%+ CLTV
For my primary residence in Nevada, I have a first mortgage with a main street lender, a HELOC second, and an SBA commercial loan lien as a third. The commercial lien is to satisfy SBA lending collateral requirements...
Manuel Sandoval
Seller/Owner Financing Question
Hi,
Recently I have become very interested in apartment investing, so I have doing a lot of research.
I started reading about seller/owner financing, and I'm confused about something. Buyers usually go through this...
Sandeep Shukla
Long distance property management
Hello Everyone,I am looking for a recommendation on managing 9-unit property which is about 8 hours from me. So it will be hard for me to go there every time and manage it if there are any issues. This is a new purch...
David Perry
Renter's Liability Insurance
Hello everyone,Bigger Pockets provided a lease agreement for Arizona which has an option to require the tenant to a include liability requirement in their renters insurance.I'd like some advice to help me understand i...
Account Closed
Self-Directed IRA for an Investor
Hi,
I know someone who wants to lend me money from his retirement account.
I have suggested that he set up a self-directed IRA, which could then put his money into an escrow account, where he could basi...
Andrea Finkelstein
Is this legal?
Hi. I have owned several townhomes in AZ. One property recently changed management companies. I received this present today seen below (on the heals of a $5k special assessment divided monthly into just a few short ye...