I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
I would like to become a hard money lender.
I have the customers on both sides and a specific business model. I can sell it.
I have the cash reserves myself to lend, as well as know both individuals who want to fun...
So my father in law came to me and my wife asking us to manage his rental properties which are around 15 of them. He saw we were doing are rental properties and liked how we handle them. Well im second guessing it now...
I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...
Hi all,I'm under contract on a single family and I will be inheriting the tenants. A husband and wife, and two daughters have been living there since August 2017 and they take great care of the house. They want to st...
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
About 10 years ago, I sold a house with seller financing. I closed at a title company. They recorded my deed of trust (mortgage). The buyer stopped paying me. I discovered that she sold the house a few months ago b...
I just sold a 5-acre lot in San Bernardino County, CA, to a buyer in Norway, using cryptocurrency and BitBay's trustless smart contracts. The last year and a half has been spent putting together a land business (based...
Hi BP Community - I purchased my first rental property in Frankford Philadelphia back in March 2021. I was hoping for it to be the first of many in the Philadelphia area. I wanted to use this property as a way to lear...
Is everyone else finding that loan officers are completely unresponsive and unprofessional? I own 8 SFRs, and am looking to refinance several of them either to pull out some equity or to lower interest rates. These ar...