Can someone direct me to a title company that will do a double closing? North Title says its illegal and Title Smart that they can do two closings if they are roughly ten days apart. My associates are doing these ty...
Hey everyone. I was wanting to know the legalities of bird-dogging mortgage notes from private investors in the state of NC. When I do the google researches, all I see is "Illegal activity" related content. I'm not su...
A guest staying at my AirBnB is saying his company requires him to get W-9 from any rental he stays at. Will this be an issue for me come tax time? AirBnB already reports my rental income from what I understand. If h...
Has anyone bought a property that is zoned as a single family/row home but is actually a duplex? How long did it take to get the property zoned to legally be a duplex/apartment. The property has 2 meters and 2 separat...
Why would someone find the need to submit an arm's length transaction?It looks like a real estate agent purchased the home. Would that be a reason to file the arm's length affidavit with the court? A business that I c...
Hello BP Family,I just started a position at a wealth management firm. Now I'm told by my compliance department that I CAN be licensed as a real estate agent, but I can't have any active listings. Not only that, I h...
Hello, just spoke to a reputable attorney in Minnesota about wholesaling real estate. He basically said that if I did a few deals and someone "told" on me to the commerce most likely I would get a fine. I'm writing ...
My wife and I are under contract on a flip we purchased last summer. The buyer's lender, Wells, wants the HUD from when we purchased the property. Our lawyer has been pushing back as there doesn't appear to be any leg...
IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...
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Pros that deal in multi-million dollars transactions. My question is why isn't any professionals firms and law firms get involve on faciliating the mulit-millions and billions dollars with the large capital inve...