Rhys Royales
Can an End Buyer put a lien for "Executed Labor"?
I have assigned a contract in Maryland to an end buyer for a property owned by a foreign family that needs to get an ITIN and FIRPTA from the IRS. I have expressed upfront to the end buyer that the closing process co...
Bill Dwyer
Help with deal structure please!
I have a motivated seller in north Las Vegas with a 4 bdrm 2 bath. Decent area for north Vegas . Estimated value of $120,000 as is. Wants 100 k cash but I think he would go lower. Very motivated. Has a mortgage of $55...
Josh Setterbo
Property under contract and new tenants leased
Hi BP,We have a triplex under contract on the Texas Coast and about 1 week from close the current property manager leased out the second unit. When making an offer and having it accepted, 1 of the 3 units was leased.T...
Oladimeji Sonibare
STR out of an apartment that I'm renting. Arbitrage?
Hey, All.
I'm trying to figure ways to best save towards my first investment property. I've considered house-hacking, but I live in NYC, so I'm pretty much priced out. I'm currently considering renting an apartment i...
Craig Jace
Keep Medical building or sell?
I have a medical building in Los Angeles Had it for 15yrsWould like to retire soon and looking for best cash flow Owe 200kRent is 7000 monthlyHowever property is worth 1.7mWould like advice for cash flowwould it be pr...
Brooks Mosier
Wholesaling a Land Contract
I have a seller whose house is worth $185K. She owes $175K. I offered to give her $3K at closing, keep the existing mortgage in place, and have the note paid off by the buyer. I will market for someone to come in wit...
Jida D
IRS lean on foreclosed house - IRS not notified.
I put a bid on a foreclosed property and purchased it 4 months ago. What I found post purchase was an IRS tax lien on the property for $22 000. After doing further research, I found out that the IRS had not been notif...
John Blue
SMS options without requiring EIN
Looking for an SMS text service where I dont need to enter my EIN and have everyone opt in. What options are there?
Mike Bonadies
Wholesaling an Eviction - A success story
Hey BP Friends,I recently closed on a very interesting wholesale involving a rental property and wanted to share my success story!The property: A duplex located in Gloucester City NJ. The property was older and had de...
Melissa Searing
Does SC law prohibit lenders from demanding payment in full...
Hi!So I have a question for a South Carolina attorney. I am interested in doing a deal in Charleston via seller financing, but the borrower still owes some money on the house. The mortgage doc states that if the prope...