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Results (467)
Matthew Hall Is the DOS clause actually spelled out in the mortgage or just implied because it's not assumable?
14 May 2015 | 26 replies

The mortgage I'm looking at says nothing about a DOS clause but does say it does not have a "Demand Feature," which apparently allows the lender to call the loan due for any reason.  It does however have a box checked...

Mitchell Brown LLC Partnership w/ 1 member 0% stake to begin?
8 June 2021 | 2 replies

Everyone, you will have to excuse my ignorance here. I'm not very well versed on the matter of an LLC. So let me explain what I'm asking.My father owns a very small operation, him and 1-2 other employees, the company ...

Lexie Greenheck Creating my Operating Agreement
26 September 2021 | 5 replies

Hi BP,I am a new REI and am fortunate enough to have a partner. We are meeting this week with a lawyer to hammer out the operating agreement. This partner will be working with me across multiple deals. What are some s...

Tim Nethers First Time JV: Seeking Tips for Operating Agreement and Systems
28 July 2023 | 5 replies

I've formed a few LLCs, but it's my first time creating a JV and Real Estate Operating Agreement between two parties. We're jointly buying a duplex. We have management, a solid agent, inspector, etc. But we're seeking...

Drew Denham First flip with a GC
16 July 2017 | 2 replies

Hi all, I'm about to start my 9th flip in East Michigan but the first with a GC. I've done the handy man route and I've been successful but there is really no way to budget a house when you pay by the hour (so i'm not...

Anthony Martin BRRRR Method Lenders
26 July 2022 | 13 replies

Hello BP Community, 
I purchased my first rental property under a LLC last year and have been fighting to get the cash out of the property ever since. So I have worked with a few lenders in Pittsburgh at FCW, FNB, Ke...

Dave Blackman Foreign Entity Required in IN if flipping?
27 September 2017 | 6 replies

Anyone with experience flipping in the state of Indiana know whether it is required to file your LLC as a foreign entity there in order to purchase property, rehab, then sell it?  I spell it out since flip can mean ma...

Account Closed Is fractional investing the same as doing a partial?
4 December 2017 | 6 replies

Ok first I’m trying to get my foot in the door in the NPN space. No complaints so far; it’s not an easy get rich thing so just plugging away.

I don’t understand partials but I came across something called fractional ...

Greg Gerken Partner w/ contractor?
12 February 2019 | 4 replies

My contractor has the money and wants to partner with me.... he wants me to find the deals, negotiate the deals, design the flips, negotiate material costs, sell and market the house. He’ll fund the deal and do the wo...

Sydni Chattman Using my NFL experience to help...Advice Please
19 April 2016 | 4 replies

Hello all,I am currently a cheerleader for the NFL. I am a fairly new real estate professional! I have rental, multifamily, and SFH management experience! My end goal is to become a real estate developer. I will be wo...