Ryan Gillis
Proof of funds when making an offer
I have received mixed information on this. I am wondering how you guys are writing your cash offers on REO's and shortsales regarding proof of funds. I'm planning on using a combination of hard money and private inves...
William R.
Anyone have a firm grip on the math of how Banks determine what to accept for a Short Sale?
I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
Shawn Breeze
sandwhich lease options
When you get a lease with an option to buy from a homeowner and then find a tenant/buyer, it's sounds a little weird when you bring out a lease and an option to buy contract. For one thing, I'm not even the owner; so ...
Shannon Webb
Potential disaster I need to avoid...
Hi guys!So, I am new to this Wholesaling game and while practicing my due diligence, I have run across a potential disaster. I live in the state of Georgia. I have a deal that i have been working on and have taken tim...
Celia Moore
Biden's Proposes $500,000 Cap on Section 1031 Like-Kind Exchanges
The Federation of Exchange Accommodators (FEA) yesterday issued the following comment in response to President Biden’s American Families Plan, which proposes capping Section 1031 like-kind exchanges at $500,000:
Pres...
Suzanne B.
Creative Title Transfer to Land Title to Avoid Lien Attached to County?
My lender just discovered a lien filed in 2019 against my husband in the county where I reside. When I applied to consolidate my first and second mortgages with a new mortgage through a new lender, I applied alone bu...
Thomas C.
Taking over 5 units from a family member - am I crazy?
Hi all,New to Bigger Pockets but started following real estate closely a long time ago. Currently in grad school but previously worked in hybrid social service/tenant management roles inside affordable housing develop...
William Joel Idleman
Self Directed IRA Hype?
It seems that the idea of a self directed IRA is a buzz word in the BP community. If you use a self directed IRA, would you be willing to share what advantages made you choose that investment vehicle? I understand t...
Ton Ratana
Can I use my LLC to manage rental properties it doesn't own?
I just got my first rental property, the mortgage is under personal (myself). I then started an LLC to do property management on it.I plan to use this LLC as a landlord to do contracts with tenants and collect rents,...
Wes Blackwell
Mobile Home Investing in California
I'm interested in learning investing strategies for mobile homes, but here in the Golden State (Sacramento area) we're paying Golden Prices both for mobile homes and lot rents.I've got the dough to make all-cash offer...