Hi fellow BPers! After several years of lurking and reading a ton on here, I have decided to say hi, and see who else here is looking to get into the "Bawldguy Investment Note Group". Not the fund, but the new group,...

I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...

Hi Everyone,

I'm Karen M. from Milwaukee, Wisconsin, and have been just starting to explore the Bigger Pockets community and learn about real estate investing. I am interested in real estate to diversify our investm...

Hello BP,The other day I was watching my favorite show, "The Grand Tour" (a spin-off from Top Gear), which is a hilarious car show where they test many different types of cars and supercars. Jeremy Clarkson, the sarca...

Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...

I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.

Hi everyone.  We have a lease with option to buy offer on a house in Florida from Bridgehouse America in Phoenix, Arizona.  They are interested in doing a sandwich lease option or assigning the option back to us.  Acc...

Has anyone owned (and rented out) an RV? I am reading up on these that many qualify for a 30 year mortgage loan? I'm wondering if we purchased one for our own family if we'd be able to get things in place (legal/liabi...

In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...

I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...