Josh Whitney
Using Land Trust to Protect From "Due on Sale" Clause
Im curious to know if using a land trust is still an effective way to protect yourself or get around the whole "due on sale" clause when buying subject to? If not is there a more recent method that people are using.
Frank Cain
Balloon Mortgage
I have a lead on a potential deal where the owner-occupier has a balloon mortgage set to burst in the next few months. I dont know the current rate or the balloon rate. Essentially, the owner has an imperfect cred...
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
Tyler Solomon
Vetting a Short Term Rental Lender
Full Disclosure - I am a lender myself, however I am curious -What do you all look for in a lender when going to finance an STR? What attributes are most important to you? What have been your biggest pain points while...
Phillip Henderson
House Hacking Delimma
Good evening BPers,
I have run into a delimma while attempting to house hack. I found a duplex with one unit leased and the other unit empty. I put in my offer and got it accepted. While working out my loan and doin...
Pedro Oliva
REO, double closing process?
When wholesaling a non-assignable reo contract and you have to do a double closing do you have to "buy" the property to close on this from the bank? Then you "sell" the same property to your end buyer, while at the ti...
Cornelius Charles
Wordpress themes: Free vs Premium
Are there any IT people out there who can tell me if there really is a difference between free and premium WordPress themes? I am looking for real estate themes, and i have found several free ones and a lot of premiu...
Nick Intrieri
Partnership - Loans & LLCs
Hey all - Looking for some friendly advice. About to sign on offer letter on a small multi-family investment property in New Jersey. I have explored the use of a 50/50 partnership with a good friend of mine who will l...
Keith McKenzie
Newbie from Duluth, Minnesota
Hello from good old Duluth Minnesota. My name is Keith McKenzie and I currently own a 4plex in Rochester Minnesota. Rochester is three hours south so I am using a local PM to handle the property for now. I plan to t...
Josh Sterling
Ethics question
background:
About 2 years ago a commercial broker whom I know through friends showed us a building he had as a listing. We liked the property and entered negotiations with the seller. As it turned out, when w...