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The big banks control a ton of the market share for lending. Do you think we would be better off today if the banking market share was more concentrated in the form of small regional banks instead of large banks? Is...
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Hi BP.! I'm trying to gain better understanding of how the money works when getting a HML for a flip. At this point, I've configured all the numbers and know that I'm able to get 100% rehab financed after my down paym...
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I'm trying to sell a property to a buyer who wants to pay cash but the $$ is tied up in an estate. The attorney will not allow her to put a mortgage on a free and clear house and he won't disperse any money until Feb...
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Hello all, I will be entering into the following deal, please succinctly advise how you structure for liability and tax purposes.+ BRRRR deal+ two person partnership 50/50 on all funds, expenses, liabilities+ one part...
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I have owned a mortgage company for 18 years and each credit repair company that has solicited us to send them business has started off strong but eventually end up taking some poor customer's money without results or...
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I am in the process of hiring a property management company as I am moving out of state 12 hours away, I am in a unique rural area where it is impossible to find a larger company, basically have to use individuals (no...
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I'm about to get a second property online and wanted to keep the two properties in separate bank accounts. I use OwnerRez and could probably set up another Stripe account for that property that deposits directly to a...
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Hi all,I posted this previously, but I think I posted it in the wrong spot. Unfortunately, I haven't been able to figure out how to adjust it, so I've decided to post here while I figure it out :)Just bought my first ...
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Just had a sale fall through because the seller did not sign on the contract date. My rate lock expired the day of closing and since the sellers were no shows, we decided not to purchase the property. As far as I und...
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Hello!First post on BiggerPockets, as a huge fan of the podcast. Oddly, I'm a bit proud to have a naive question to start with.My business partner and I are in the process of creating an LLC, and I realized I have som...