I am considering purchasing a property through a loan from friends/family. Are there any non-obvious downsides to this kind of loan? Is there a set legal range for the interest rate? Any knowledge/resources on this wo...
Hello,We want to cash-out refi a 6-unit building that has a 2% prepayment penalty if refinanced outside of original lender. They informed me they have looked through their portfolio and currently are on pause for inve...
I invest in tax liens and recently received a notice that one of the properties I have a lien on is in violation of the housing code and fines and penalties may begin being assessed next month if the corrections are n...
Is buying a large MultiFamily Apartment complex of like 12+ units a good investment, I’m in SD area, and also it’s near a university, a class C, occupancy at 100% as states. I was wondering is there any way an investo...
Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
Hi all, hope all is well.1- I've heard that Lease with Option to Purchase is not legal or no supported in Texas. Any resources?2- If I owner fiance a property are there any RMLO's you recommend and why?Thanks!
I know that a large majority will state that deals need to be formalized and gone through loan services, however, please humor me. With a friend to friend loan, I know...taboo and risky, what would a fair rate be for ...
Hi,I am about to purchase my first home, using conventional financing, and I plan to flip it within 3 months. Are there any legal restrictions or financial penalties for using conventional financing (non investment) ...
TL;DR: do I charge them the non refundable pet fee of $400 in their final months rent or take it out of their deposit when they leave? They've been a problem tenant as of late...They rented from me for 3 years (yep, I...
I submitted my information and filing fees to my Secretary of State through their online filing system. They e-mailed me an automated receipt confirmation.
Anything else I need to do? Do I need to file the Articles...