Travis Moore
Uninsured Deed in CA
Hey All,
I have a property in NorCal. The current owner was deeded a property via an uninsured deed. So therefore no title company would want to insure this transaction as the former grantor can no longer be found...
Luke Calhoun
Selling partials with wrap
Howdy,I do owner finance and am dipping my toe in selling off partials, simply to grow the business. My question is, how are investors floating their wrap payment after selling off a partial note? I assumed that most ...
Mitch Kronowit
Mixing Passive and non-Passive income?
I already have an e-mail into my attorney/CPA with this question (so don't bother telling me to check with one), but while he's answering the 80 or so e-mails before mine, I thought I'd post this question here to get ...
Kristine J. fisher
Top 10 Tips to Survive The Coming Recession
We square measure approaching what's seemed to be one among the most important exchange drops in history. This may create the last crash appear as if a picnic. You need to produce a recession-proof strategy for yourse...
Adam Reynolds
How to Structure Private Money Loan
Happy New Year BP friends! I have a question regarding private money loans. A 50/50 partner and I are purchasing a BRRRR property and a third party (mutual friend) will be lending us the funds for the purchase and reh...
Steven Barr
Hard Money Lenders covering 100%
Hey guys!Are there such thing as hard money lenders that will cover 100% of purchase and 100% of rehab?Most of everything I’m seeing is 90% of purchase and 100% of rehab. Just curious. Thanks!
Account Closed
Are assignments legal in Los Angeles?
Hello, I recently went to a RE meeting where they said that assignments and double closes are illegal in California (Los angeles), but I sort of don't believe it. Do you need to buy the property first, and then sell i...
Spencer Cuello
Quitclaiming a property
Hello BiggerPockets community!As a first time investor, it has been near impossible to get a DSCR loan so I have been looking to conventional financing. I want to quitclaim the property into my LLC and my lender and I...
Damon L. Davis
Hard Money needs SDIRA Custodian to sign my deal?
I’m buying a condo using funds in my self directed IRA LLC’s account at Wells Fargo. I’m using a hard money lender to finance the deal. My operating agreement for the SDIRA clearly states my name as the manager of the...
Mike Cowper
Private Investor Interested in Loan with 7.5% Interest, no lien. How to structure paperwork?
Kind of what the title says - I have a private investor who is interested in issuing a loan for 12 months with a simple interest rate of 7.5%. How would I structure the paperwork so it is legal and binding? The invest...