Ezra Nugroho
(How) Can I buy my own note with self directed IRA?
Hi all,I am considering doing a small private lending which would provide me a 1st position note on a property. Closing is expected in 3 weeks.I'd love to be able to service the node using my IRA money, however it is ...
Holli Phillips
Sold a house on contract and now buyer isn't making payments
This past August I sold an investment property to a lady and gave her 2 months before she had to start making payments. She put $1200 down and have only received one monthly payment of $600. As of Jan.1, she will ow...
Account Closed
How do/did you pick and learn your market?
So first off, as a new guy I just have to say THANK YOU to every BP member, I have never learned so much in such a short time!
Second of all, apologies for the long post, I have been reading and listening to ...
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...
Dani Beit-Or
How Easy/Hard to Steal a House
I have two goals for this post:Increase awareness of the issueFind ways to decrease the chances of this happeningNote: I'm not an attorney. Just an investor. Several weeks ago I read a post on FB about someone who got...
Ian Plocky
Qualifying for a Commercial Loan: What are lenders looking for??
Hi all! It is my current understanding that in order to qualify with most lenders for a commercial loan, the loan applicant needs to be a business entity (i.e. LLC). First and foremost, if this is incorrect - please l...
Natalie Cloutier
Coronavirus: email to send to your tenants
I got a lot of questions on my Instagram yesterday about the email we wrote to our tenants addressing this outbreak so I decided to include the letter we wrote here in case it helps anybody :) I think a lot of landlor...
Micki M.
Is it ethical (or legal) to suggest a borrower refinance a PN?
I bought a performing note which has been plugging along with prompt payments. However, I could use a chunk of cash more than monthly payments right now. Rather than sell the note, would it be unethical or illegal to...
Glen S.
Kent Clothier wholesaler system
Has anyone used the Kent Clothier system for finding deals? I am looking for the best techniques for buying wholesale properties. I am in NCGlen
Ann North
Agents that Can't Comp
I'm so at the bottom of my rope here with our rental property! I know there are some great and wonderful agents, I've met them, it's just in this particular area of Southern California I have had the hardest time. I a...